BAE Systems plc (LON:BA – Get Free Report) insider Brad Greve purchased 17 shares of BAE Systems stock in a transaction on Friday, July 14th. The stock was bought at an average price of GBX 917 ($11.99) per share, with a total value of £155.89 ($203.83).
BAE Systems Stock Down 0.3 %
BA opened at GBX 915.60 ($11.97) on Wednesday. The company has a debt-to-equity ratio of 61.16, a current ratio of 1.08 and a quick ratio of 0.91. The company’s 50-day moving average is GBX 945.38 and its 200 day moving average is GBX 929.56. BAE Systems plc has a fifty-two week low of GBX 702.20 ($9.18) and a fifty-two week high of GBX 1,037 ($13.56). The firm has a market capitalization of £27.93 billion, a P/E ratio of 1,836.40, a PEG ratio of 3.44 and a beta of 0.58.
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on the stock. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,100 ($14.38) price objective on shares of BAE Systems in a report on Tuesday, June 27th. Citigroup reiterated a “buy” rating on shares of BAE Systems in a report on Tuesday, July 11th. Shore Capital reiterated a “not rated” rating on shares of BAE Systems in a report on Thursday, May 4th. Berenberg Bank reiterated a “hold” rating and set a GBX 1,000 ($13.08) price objective on shares of BAE Systems in a report on Friday, June 16th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,100 ($14.38) price objective on shares of BAE Systems in a report on Tuesday, July 11th. One analyst has rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,045.14 ($13.67).
BAE Systems Company Profile
BAE Systems plc provides defense, aerospace, and security solutions worldwide. The company operates through five segments: Electronic Systems, Cyber & Intelligence, Platforms & Services (US), Air, and Maritime. 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 systems, space electronics, and electric drive propulsion systems.
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