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

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

BAE Systems Trading Down 2.2 %

BAE Systems stock traded down GBX 29.50 ($0.37) during midday trading on Friday, reaching GBX 1,315 ($16.61). The stock had a trading volume of 5,687,651 shares. The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.37. The firm has a market cap 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. BAE Systems plc has a 52-week low of GBX 1,012.50 ($12.79) and a 52-week high of GBX 1,415.25 ($17.87). The company has a fifty day moving average of GBX 1,299.33 and a 200 day moving average of GBX 1,319.09.

Analysts Set New Price Targets

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

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.