BAE Systems plc (LON:BA) Insider Brad Greve Buys 11 Shares

BAE Systems plc (LON:BA) insider Brad Greve purchased 11 shares of the stock in a transaction that occurred on Thursday, November 14th. The stock was purchased at an average price of GBX 1,341 ($16.94) per share, with a total value of £147.51 ($186.30).

BAE Systems Stock Down 2.2 %

BA stock traded down GBX 29.50 ($0.37) during trading on Friday, reaching GBX 1,315 ($16.61). 5,687,651 shares of the company traded hands. The business has a 50 day simple moving average of GBX 1,299.33 and a 200 day simple moving average of GBX 1,319.09. BAE Systems plc has a 12 month low of GBX 1,012.50 ($12.79) and a 12 month high of GBX 1,415.25 ($17.87). The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. The company has a market capitalization of £39.71 billion, a price-to-earnings ratio of 2,191.67, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.

Analysts Set New Price Targets

Several equities research analysts have weighed in on BA shares. JPMorgan Chase & Co. reiterated an “overweight” rating and issued a GBX 1,500 ($18.94) target price on shares of BAE Systems in a report on Thursday, July 25th. Citigroup raised shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($18.19) price objective for the company in a research note on Monday, July 29th. Berenberg Bank reiterated a “buy” rating and set a GBX 1,360 ($17.18) target price on shares of BAE Systems in a report on Friday, September 6th. Finally, Shore Capital restated a “hold” rating on shares of BAE Systems in a report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, BAE Systems has an average rating of “Moderate Buy” and a consensus target price of GBX 1,438 ($18.16).

BAE Systems Company Profile

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. The Electronic Systems segment offers electronic warfare systems, navigation systems, electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance capabilities, space electronics, and electric drive propulsion systems.