BAE Systems: here’s the latest dividend and share price forecast!
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A rupturing of the geopolitical landscape has supercharged the BAE Systems (LSE:BA.) share price in recent years.
The FTSE 100 defence giant has risen 233% in value since the start of 2022, a rally first sparked by Russia’s invasion of Ukraine. Since then, orders, sales, and profits have rocketed higher as broader spending by NATO members has increased. Fears over Chinese expansionism and fresh conflict in the Middle East have further reinforced military-related spending.
Price gains tipped
Even after rising 38% in the last 12 months alone, the Square Mile’s brokers broadly believe BAE Systems shares will continue to rise over the near term.
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