BAE Systems plc (LON:BA) Insider Purchases £136.01 in Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 7 shares of the business’s stock in a transaction on Monday, June 16th. The stock was purchased at an average cost of GBX 1,943 ($26.07) per share, for a total transaction of £136.01 ($182.51).

Brad Greve also recently made the following trade(s):

• On Wednesday, May 14th, Brad Greve bought 9 shares of BAE Systems stock. The stock was purchased at an average cost of GBX 1,701 ($22.83) per share, for a total transaction of £153.09 ($205.43).
• On Monday, April 7th, Brad Greve sold 363,705 shares of BAE Systems stock. The stock was sold at an average price of GBX 1,497 ($20.09), for a total value of £5,444,663.85 ($7,306,312.20).

BAE Systems Stock Performance

LON BA opened at GBX 1,931 ($25.91) on Thursday. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. BAE Systems plc has a 1 year low of GBX 1,012.50 ($13.59) and a 1 year high of GBX 1,415.25 ($18.99). The company has a market capitalization of £59.78 billion, a PE ratio of 33.13, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a fifty day moving average of GBX 1,789.13 and a two-hundred day moving average of GBX 1,490.

Analysts Set New Price Targets

BA has been the topic of a number of recent research reports. Deutsche Bank Aktiengesellschaft upped their price objective on BAE Systems from GBX 1,510 ($20.26) to GBX 1,900 ($25.50) and gave the stock a “buy” rating in a research report on Friday, April 25th. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,440 ($19.32) price objective on shares of BAE Systems in a research report on Wednesday, February 19th. Finally, JPMorgan Chase & Co. increased their target price on BAE Systems from GBX 1,630 ($21.87) to GBX 1,725 ($23.15) and gave the company an “overweight” rating in a report on Monday, March 3rd. One research analyst has rated the stock with a hold rating and four have given a buy rating to the company. Based on data from MarketBeat, BAE Systems has a consensus rating of “Moderate Buy” and a consensus price target of GBX 1,626.25 ($21.82).

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.