BAE Systems plc (LON:BA) Insider Charles Woodburn Acquires 7 Shares of Stock

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 7 shares of the firm’s stock in a transaction dated Tuesday, June 17th. The stock was bought at an average price of GBX 1,943 ($26.07) per share, with a total value of £136.01 ($182.51).

Charles Woodburn also recently made the following trade(s):

• On Wednesday, May 14th, Charles Woodburn acquired 9 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,701 ($22.83) per share, with a total value of £153.09 ($205.43).
• On Monday, April 14th, Charles Woodburn bought 9 shares of BAE Systems stock. The shares were acquired at an average price of GBX 1,693 ($22.72) per share, with a total value of £152.37 ($204.47).
• On Friday, March 28th, Charles Woodburn sold 877,344 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,565 ($21.00), for a total value of £13,730,433.60 ($18,425,165.86).

BAE Systems Trading Up 0.2%

Shares of BA stock opened at GBX 1,931 ($25.91) on Thursday. The business’s fifty day moving average price is GBX 1,789.13 and its 200 day moving average price is GBX 1,490. BAE Systems plc has a 1-year low of GBX 1,012.50 ($13.59) and a 1-year high of GBX 1,415.25 ($18.99). The firm has a market capitalization of £59.78 billion, a PE ratio of 33.13, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91.

Analysts Set New Price Targets

A number of brokerages have weighed in on BA. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,440 ($19.32) price objective on shares of BAE Systems in a research note on Wednesday, February 19th. Deutsche Bank Aktiengesellschaft boosted their target price on BAE Systems from GBX 1,510 ($20.26) to GBX 1,900 ($25.50) and gave the company a “buy” rating in a report on Friday, April 25th. Finally, JPMorgan Chase & Co. boosted their target price on BAE Systems from GBX 1,630 ($21.87) to GBX 1,725 ($23.15) and gave the company an “overweight” rating in a report on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and four have assigned 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 price target of GBX 1,626.25 ($21.82).

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.