BAE Systems (LON:BA) Insider Brad Greve Buys 6 Shares

BAE Systems plc (LON:BA) insider Brad Greve bought 6 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was acquired at an average price of GBX 2,316 per share, for a total transaction of £138.96.

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

• On Monday, February 16th, Brad Greve acquired 7 shares of BAE Systems stock. The stock was acquired at an average cost of GBX 2,028 per share, with a total value of £141.96.

BAE Systems Trading Up 0.7%

LON BA opened at GBX 2,322 on Wednesday. The company has a market capitalization of £71.89 billion, a PE ratio of 39.84, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. 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 current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 89.65. The firm’s fifty day simple moving average is GBX 2,067.72 and its 200-day simple moving average is GBX 1,909.50.

BAE Systems (LON:BA) last issued its quarterly earnings data on Wednesday, February 18th. The company reported GBX 75.20 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.28% and a return on equity of 18.23%. As a group, sell-side analysts anticipate that BAE Systems plc will post 73.537927 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

BA has been the subject of several recent research reports. Berenberg Bank increased their price target on shares of BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a “hold” rating in a research report on Thursday, March 5th. Jefferies Financial Group downgraded BAE Systems to a “hold” rating and lifted their price objective for the company from GBX 2,060 to GBX 2,120 in a report on Monday, February 2nd. Four investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, BAE Systems currently has a consensus rating of “Moderate Buy” and an average price target of GBX 2,208.

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.