BAE Systems (LON:BA) Insider Purchases 7 Shares

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

BAE Systems Stock Up 3.1%

BA traded up GBX 61 on Tuesday, hitting GBX 2,029. 4,196,125 shares of the company were exchanged. BAE Systems plc has a 12 month low of GBX 1,012.50 and a 12 month high of GBX 1,415.25. The company has a market cap of £62.82 billion, a PE ratio of 34.81, a PEG ratio of 3.33 and a beta of 0.33. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. The stock’s fifty day moving average is GBX 1,870.41 and its 200-day moving average is GBX 1,848.39.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Berenberg Bank restated a “hold” rating and set 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 report on Tuesday, October 28th. Finally, Jefferies Financial Group cut BAE Systems to a “hold” rating and boosted their price target for the stock from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 2,021.40.

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.