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

BAE Systems plc (LON:BA) insider Brad Greve bought 7 shares of the firm’s stock in a transaction on Monday, February 16th. The shares were bought at an average price of GBX 2,028 per share, with a total value of £141.96.

BAE Systems Stock Performance

BA stock opened at GBX 2,029 on Wednesday. The company has a market cap of £62.82 billion, a P/E ratio of 34.81, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. BAE Systems plc has a 1 year low of GBX 1,012.50 and a 1 year high of GBX 1,415.25. The company has a debt-to-equity ratio of 94.02, a current ratio of 1.03 and a quick ratio of 0.91. The stock’s fifty day moving average price is GBX 1,877.17 and its 200-day moving average price is GBX 1,849.98.

Analyst Ratings Changes

A number of equities research analysts have issued reports on BA shares. Berenberg Bank restated a “hold” rating and set a GBX 1,850 price target on shares of BAE Systems in a research note on Wednesday, November 12th. Jefferies Financial Group downgraded shares of BAE Systems to a “hold” rating and raised their price objective for the stock from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Finally, JPMorgan Chase & Co. restated an “overweight” rating on shares of BAE Systems in a research report on Tuesday, October 28th. Four analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, BAE Systems has an average rating of “Moderate Buy” and an average target price of GBX 2,021.40.

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.