BAE Systems (LON:BA) Insider Brad Greve Acquires 7 Shares

BAE Systems plc (LON:BA) insider Brad Greve bought 7 shares of BAE Systems stock in a transaction that occurred on Monday, September 15th. The shares were acquired at an average price of GBX 2,008 per share, with a total value of £140.56.

Brad Greve also recently made the following trade(s):

• On Thursday, August 14th, Brad Greve bought 9 shares of BAE Systems stock. The shares were acquired at an average price of GBX 1,780 per share, with a total value of £160.20.

BAE Systems Trading Down 1.0%

Shares of LON:BA opened at GBX 1,996.50 on Thursday. The stock has a market capitalization of £61.81 billion, a price-to-earnings ratio of 34.25, 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 company has a 50 day moving average price of GBX 1,821.09 and a 200 day moving average price of GBX 1,766.04. BAE Systems plc has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25.

BAE Systems (LON:BA) last released its quarterly earnings data on Wednesday, July 30th. The company reported GBX 34.70 earnings per share for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. On average, research analysts anticipate that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Analysts Set New Price Targets

BA has been the subject of a number of recent analyst reports. Berenberg Bank reiterated a “hold” rating and issued a GBX 1,770 price target on shares of BAE Systems in a research report on Wednesday, July 30th. Citigroup boosted their price target on shares of BAE Systems from GBX 2,145 to GBX 2,192 and gave the company a “buy” rating in a report on Thursday, July 31st. Deutsche Bank Aktiengesellschaft upped their price target on shares of BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a “buy” rating in a research report on Friday, September 12th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of BAE Systems in a research report on Friday, September 5th. Four investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of GBX 1,976.75.

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.