BAE Systems (LON:BA) Insider Purchases £150.16 in Stock

BAE Systems plc (LON:BA) insider Brad Greve acquired 8 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were bought at an average cost of GBX 1,877 per share, with a total value of £150.16.

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

• On Friday, June 5th, Brad Greve bought 2,760 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,909 per share, for a total transaction of £52,688.40.

BAE Systems Stock Down 4.7%

LON:BA traded down GBX 90.50 during mid-day trading on Tuesday, reaching GBX 1,820.50. The stock had a trading volume of 8,650,650 shares. The company has a debt-to-equity ratio of 89.65, a current ratio of 0.99 and a quick ratio of 0.91. The company has a market capitalization of £56.36 billion, a price-to-earnings ratio of 31.23, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. BAE Systems plc has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25. The stock’s 50 day simple moving average is GBX 2,045.82 and its two-hundred day simple moving average is GBX 1,992.35.

Analyst Upgrades and Downgrades

BA has been the subject of a number of research analyst reports. Berenberg Bank boosted their price target on BAE Systems from GBX 2,000 to GBX 2,300 and gave the company a “hold” rating in a report on Thursday, March 5th. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 2,200 price objective on shares of BAE Systems in a report on Thursday, May 7th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of GBX 2,228.

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.