BAE Systems (LON:BA) Insider Buys £141.96 in Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 7 shares of the company’s stock in a transaction on Monday, February 16th. The shares were acquired at an average price of GBX 2,028 per share, with a total value of £141.96.

BAE Systems Trading Up 3.1%

Shares of BAE Systems stock traded up GBX 61 during trading on Tuesday, hitting GBX 2,029. 4,196,125 shares of the company were exchanged. The firm has a market capitalization of £62.82 billion, a P/E ratio of 34.81, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The firm’s fifty day moving average price is GBX 1,870.41 and its 200 day moving average price is GBX 1,848.39. 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 and a 1-year high of GBX 1,415.25.

Analyst Ratings Changes

Several research firms recently commented on BA. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 1,850 price objective on shares of BAE Systems in a research report on Wednesday, November 12th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of BAE Systems in a research note on Tuesday, October 28th. Finally, Jefferies Financial Group lowered BAE Systems to a “hold” rating and boosted their price target for the company from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of GBX 2,021.40.

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.