BAE Systems (BA.)

Sector:

Defense and Aeronautics

Index:

FTSE 100

1,294.00p
   
  • Change Today:
    -8.50p
  • 52 Week High: 1,400.00
  • 52 Week Low: 978.00
  • Currency: UK Pounds
  • Shares Issued: 3,025.63m
  • Volume: 4,380,521
  • Market Cap: £39,152m
  • RiskGrade: 108

BofA Merrill Lynch downgrades BAE Systems

By Michele Maatouk

Date: Monday 13 May 2024

LONDON (ShareCast) - (Sharecast News) - BAE Systems was under the cosh on Monday after Bank of America Merrill Lynch downgraded shares of the defence company to 'neutral' from 'buy'.
The bank said that after a very strong run driven by positive revisions and a re-rating, it sees limited near-term valuation upside. The shares are up 23% year-to-date.

BofA noted that BAE has the "most attractive" capital allocation within the EU defence sector.

At 1405 BST, the shares were down 3.5% at 1,345.50p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BAE Market Data

Currency UK Pounds
Share Price 1,294.00p
Change Today -8.50p
% Change -0.65 %
52 Week High 1,400.00
52 Week Low 978.00
Volume 4,380,521
Shares Issued 3,025.63m
Market Cap £39,152m
RiskGrade 108

BAE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.5% below the market average94.5% below the market average94.5% below the market average94.5% below the market average94.5% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
68.00% above the market average68.00% above the market average68.00% above the market average68.00% above the market average68.00% above the market average
9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average9.09% below the sector average
Income
50.84% below the market average50.84% below the market average50.84% below the market average50.84% below the market average50.84% below the market average
75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average75.00% above the sector average
Growth
5.97% below the market average5.97% below the market average5.97% below the market average5.97% below the market average5.97% below the market average
63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average63.64% below the sector average

What The Brokers Say

Strong Buy 6
Buy 6
Neutral 8
Sell 1
Strong Sell 0
Total 21
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

BAE Dividends

  Latest Previous
  Interim Final
Ex-Div 24-Oct-24 18-Apr-24
Paid 02-Dec-24 03-Jun-24
Amount 12.40p 18.50p

Trades for 06-Sep-2024

Time Volume / Share Price
16:58 153,185 @ 1,309.42p
16:49 61,743 @ 1,297.55p
16:45 235,241 @ 1,294.86p
16:45 235,241 @ 1,293.95p
16:38 235,241 @ 1,293.95p

BAE Key Personnel

CEO Charles Woodburn
Chair Cressida Hogg

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