BAE Systems plc (LON:BA) Insider Buys £147.51 in Stock

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

BAE Systems Stock Performance

Shares of BA opened at GBX 1,315 ($16.57) on Friday. The stock’s 50-day simple moving average is GBX 1,299.58 and its 200 day simple moving average is GBX 1,318.92. The stock has a market capitalization 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. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. 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).

Analyst Ratings Changes

A number of research analysts have recently commented on BA shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,500 ($18.90) price target on shares of BAE Systems in a research report on Thursday, July 25th. Shore Capital reaffirmed a “hold” rating on shares of BAE Systems in a research report on Thursday, August 1st. Berenberg Bank reaffirmed a “buy” rating and set a GBX 1,360 ($17.14) price target on shares of BAE Systems in a research report on Friday, September 6th. Finally, Citigroup raised BAE Systems to a “buy” rating and set a GBX 1,440 ($18.15) price target on the stock in a research report on Monday, July 29th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat.com, BAE Systems currently has an average rating of “Moderate Buy” and an average target price of GBX 1,438 ($18.12).

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.