BAE Systems PLC
BA.: XLON (GBR)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
GBX 8,711.00 | Qkln | Xmgjjxs |
BAE Systems Earnings: Strong Set of Results, Guidance Update, and Increased Shareholder Remuneration
Wide-moat BAE Systems upgraded full-year guidance on the back of another strong set of results for first-half 2023, with a record backlog of GBP 66 billion, representing almost 3 times annual sales. We are maintaining our fair value estimate.