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Added to YB: 2024-09-24

Pitch date: 2024-09-22

BAESY [bullish]

BAE Systems plc

-2.21%

current return

Author Info

Company Info

BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Platforms & Services, Air, Maritime, and Cyber & Intelligence.

Market Cap

$38.9B

Pitch Price

$67.47

Price Target

N/A

Dividend

2.38%

Sector

Aerospace and Defense

Category

growth

BAE Systems PLC. (OTCMKTS: $BAESY)

BA.L: Leading global defense co. w/ £74.1B backlog. Strong in US/UK/Saudi. Diverse portfolio across air/maritime/land/cyber. H1 2024: sales +13%, EBIT +13%, EPS +7%. Upgraded FY24 guidance to 12-14% growth. Risks: geopolitical, regulatory, project execution. Bull case: £13.4/share.

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