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BAE Systems at 524p - new price territory: is it justified?

By Robert Sutherland Smith | Thursday 5 February 2015


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


There is something in the air? Is it one of Mr. Putin’s fighter bombers ploughing unannounced down the Channel in the mad February winds, hoping not to be noticed? No its the BAE Systems (BA.) share price at 524p.The Observer Corps -  sorry I mean the radar – plots it as not only flying high but also but in new territory.


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