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

BAE Systems plc (LON:BA) insider Brad Greve purchased 11 shares of BAE Systems stock in a transaction dated Thursday, November 14th. The shares were acquired at an average cost of GBX 1,341 ($16.90) per share, for a total transaction of £147.51 ($185.90).

BAE Systems Trading Down 2.1 %

BAE Systems stock opened at GBX 1,287 ($16.22) on Friday. The stock has a market cap of £38.87 billion, a PE ratio of 2,145.00, a P/E/G ratio of 3.33 and a beta of 0.33. The stock has a 50-day moving average price of GBX 1,299.58 and a 200 day moving average price of GBX 1,318.67. 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 current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.37.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on BA shares. Berenberg Bank restated a “buy” rating and set a GBX 1,360 ($17.14) target price on shares of BAE Systems in a research note on Friday, September 6th. Shore Capital restated a “hold” rating on shares of BAE Systems in a research report on Thursday, August 1st. JPMorgan Chase & Co. reaffirmed an “overweight” rating and set a GBX 1,500 ($18.90) 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 ($18.15) price target for the company in a report on Monday, July 29th. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, BAE Systems 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.