BAE Systems (LON:BA) Insider Charles Woodburn Buys 8 Shares of Stock

BAE Systems plc (LON:BA) insider Charles Woodburn purchased 8 shares of the company’s stock in a transaction on Monday, February 16th. The stock was bought at an average cost of GBX 2,028 per share, for a total transaction of £162.24.

BAE Systems Price Performance

Shares of BA traded up GBX 61 during trading hours on Tuesday, hitting GBX 2,029. 4,196,125 shares of the company were exchanged. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The company has a market capitalization of £62.82 billion, a PE ratio of 34.81, a PEG ratio of 3.33 and a beta of 0.33. The firm has a fifty day simple moving average of GBX 1,870.41 and a 200-day simple moving average of GBX 1,848.39. BAE Systems plc has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Berenberg Bank restated a “hold” rating and set a GBX 1,850 price objective on shares of BAE Systems in a report on Wednesday, November 12th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of BAE Systems in a research report on Tuesday, October 28th. Finally, Jefferies Financial Group downgraded shares of BAE Systems to a “hold” rating and upped their price target for the company from GBX 2,060 to GBX 2,120 in a research report on Monday, February 2nd. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price 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.