BAE Systems stock jumps after Russian forces entered Ukraine: you can buy the stock here

by
0 comment

The BAE Systems stock price is surging amid the ongoing confrontation between Russia and Ukraine that could easily loop in NATO countries, which the UK is part of.

The BAE Systems stock has risen by over 6% since Friday and investors expect it to rally further especially in case of an all-out war due to a surge in the demand for arms.

To help stock investors interested in investing in the BAE Systems stock, Invezz has created a brief article on what it is and where to buy it.

To find out more, please continue reading.

Best places to buy BAE Systems stock

eToro

eToro is one of the world’s leading multi-asset trading platforms offering some of the lowest commission and fee rates in the industry. It’s social copy trading features make it a great choice for those getting started.


Register with eToro instantly

Webull

Financial company driven by technology and offering all-in-one self-directed investment platform that provides excellent user experience.


Register with Webull instantly

What is BAE Systems stock?

BAE Systems stock is the stock of BAE Systems Plc and it trades on the London Stock exchange under the ticker LON: BA.

In a brief, BAE Systems Plc is a British multinational company that deals in arms, security, and aerospace equipment. Its headquarters are located in London, England.

BAE Systems is the largest defense contractor in Europe and the biggest arms manufacturer in Britain. It is also ranked the 7th largest across the globe.

Should I buy the BA stock today?

If you want to invest in the shares of one of the largest defense contractors, then the BA stock could be a good choice.

Nonetheless, the current price surge is pegged on the prospects of war between Russia and Ukraine. It is unclear how the stock will behave in case the situation is contained without an all-out war.  

BA stock price prediction

Analysts are keeping a keen eye on the events around the Russia-Ukraine dispute that is attracting the attention of the Western and European countries where BAE Systems is a major defense contractor.

Currently, investors believe the BA stock could easily get above £620, especially if the situation between Russia and Ukraine escalates.

$BA social media coverage

About to throw my lifesavings into Lockheed Martin and BAE systems stock. https://t.co/c5B3IC5QA2

— DampBack.eth 🐅 (@4LTony) February 22, 2022

Daily Financial News

Oil surges to $100 per barrel

London Stock Exchange’s FTSE 100 plunges by more than 200 points

BAE Systems posts strong 2021 results on the back of global instability

RT news channel, will be reviewed by Britain’s media regulator, Boris Johnson has said pic.twitter.com/Fgmake4DPV

— RK Taxation (@RKtax) February 24, 2022

The post BAE Systems stock jumps after Russian forces entered Ukraine: you can buy the stock here appeared first on Invezz.

Related Posts