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

BAE Systems plc (LON:BA) insider Brad Greve purchased 11 shares of the firm’s stock in a transaction on Thursday, November 14th. The shares were acquired at an average price of GBX 1,341 ($16.90) per share, with a total value of £147.51 ($185.90).

BAE Systems Trading Down 2.2 %

Shares of BA stock opened at GBX 1,315 ($16.57) on Friday. BAE Systems plc has a 52-week low of GBX 1,012.50 ($12.76) and a 52-week high of GBX 1,415.25 ($17.84). The company has a 50-day simple moving average of GBX 1,299.58 and a two-hundred day simple moving average of GBX 1,318.92. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. The company has a market capitalization of £39.71 billion, a price-to-earnings ratio of 2,191.67, a PEG ratio of 3.33 and a beta of 0.33.

Analysts Set New Price Targets

BA has been the subject of a number of analyst reports. Citigroup upgraded shares of BAE Systems to a “buy” rating and set a GBX 1,440 ($18.15) price objective for the company in a report on Monday, July 29th. Shore Capital reiterated a “hold” rating on shares of BAE Systems in a research note on Thursday, August 1st. Berenberg Bank reissued a “buy” rating and issued a GBX 1,360 ($17.14) price objective on shares of BAE Systems in a research note on Friday, September 6th. Finally, JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 1,500 ($18.90) target price on shares of BAE Systems in a report on Thursday, July 25th. One investment analyst has rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus 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.