BAE Systems (LON:BA) Insider Ewan Kirk Purchases 10,000 Shares

BAE Systems plc (LON:BA) insider Ewan Kirk acquired 10,000 shares of the firm’s stock in a transaction on Friday, December 5th. The shares were acquired at an average price of GBX 1,678 per share, with a total value of £167,800.

BAE Systems Stock Performance

Shares of BA stock opened at GBX 1,673 on Tuesday. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. The company has a market cap of £51.79 billion, a PE ratio of 28.70, a P/E/G ratio of 3.33 and a beta of 0.33. The company’s fifty day simple moving average is GBX 1,839.78 and its 200-day simple moving average is GBX 1,853.15. BAE Systems plc has a 52 week low of GBX 1,012.50 and a 52 week high of GBX 1,415.25.

Analysts Set New Price Targets

A number of analysts have recently issued reports on BA shares. Berenberg Bank reiterated a “hold” rating and set a GBX 1,850 price objective on shares of BAE Systems in a research note on Wednesday, November 12th. Morgan Stanley reaffirmed an “overweight” rating on shares of BAE Systems in a research note on Friday, September 5th. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of BAE Systems in a report on Tuesday, October 28th. Finally, Deutsche Bank Aktiengesellschaft raised their target price on BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a “buy” rating in a research note on Friday, September 12th. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,996.75.

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.