Brad Greve Purchases 11 Shares of BAE Systems plc (LON:BA) Stock

BAE Systems plc (LON:BA) insider Brad Greve purchased 11 shares of the company’s stock in a transaction that occurred on Thursday, November 14th. The stock was bought at an average cost of GBX 1,341 ($16.90) per share, for a total transaction of £147.51 ($185.90).

BAE Systems Trading Down 2.1 %

Shares of BA opened at GBX 1,287 ($16.22) on Friday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.37. BAE Systems plc has a 12-month low of GBX 1,012.50 ($12.76) and a 12-month high of GBX 1,415.25 ($17.84). The firm has a 50-day moving average price of GBX 1,299.58 and a 200 day moving average price of GBX 1,318.67. The firm has a market capitalization of £38.87 billion, a P/E ratio of 2,145.00, a P/E/G ratio of 3.33 and a beta of 0.33.

Analysts Set New Price Targets

BA has been the topic of a number of research analyst reports. Citigroup raised shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($18.15) price target on the stock in a research note on Monday, July 29th. Berenberg Bank reissued a “buy” rating and issued a GBX 1,360 ($17.14) price target on shares of BAE Systems in a research note on Friday, September 6th. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,500 ($18.90) target price on shares of BAE Systems in a report on Thursday, July 25th. Finally, Shore Capital reaffirmed 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 stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,438 ($18.12).

About BAE Systems

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.