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

Key Points

• BAE Systems insider Brad Greve bought 7 shares at GBX 2,259 each, totaling £158.13. He also purchased 2,768 shares in earlier June transactions.
• BAE Systems shares opened at GBX 2,236, with the company valued at approximately £69.23 billion and trading at a P/E ratio of 38.36.
• Analysts maintain a consensus “Hold” rating, with an average price target of GBX 2,275; targets range from GBX 2,100 to GBX 2,450.

BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve acquired 7 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was purchased at an average price of GBX 2,259 per share, for a total transaction of £158.13.

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

• On Monday, June 15th, Brad Greve acquired 8 shares of BAE Systems stock. The stock was purchased at an average cost of GBX 1,877 per share, for a total transaction of £150.16.
• On Friday, June 5th, Brad Greve acquired 2,760 shares of BAE Systems stock. The shares were purchased at an average price of GBX 1,909 per share, with a total value of £52,688.40.

BAE Systems Stock Down 1.0%

BA stock opened at GBX 2,236 on Tuesday. BAE Systems plc has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25. The stock has a market capitalization of £69.23 billion, a PE ratio of 38.36, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The company has a debt-to-equity ratio of 73.96, a quick ratio of 0.91 and a current ratio of 1.02. The company has a fifty day moving average of GBX 1,965.68 and a 200-day moving average of GBX 2,044.36.

BAE Systems (LON:BA - Get Free Report) last issued its quarterly earnings results on Thursday, July 30th. The company reported GBX 38.90 earnings per share (EPS) for the quarter. BAE Systems had a net margin of 7.19% and a return on equity of 17.49%. As a group, analysts expect that BAE Systems plc will post 73.537927 EPS for the current year.

Analyst Ratings Changes

A number of analysts recently weighed in on the company. Jefferies Financial Group restated a "hold" rating and issued a GBX 2,100 price target on shares of BAE Systems in a research note on Friday, July 31st. JPMorgan Chase & Co. boosted their target price on shares of BAE Systems from GBX 2,400 to GBX 2,450 and gave the stock an "overweight" rating in a research report on Friday, July 31st. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a GBX 2,200 price target on shares of BAE Systems in a research note on Tuesday, August 11th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of BAE Systems from GBX 2,140 to GBX 2,325 and gave the company a "hold" rating in a research note on Monday, August 10th. Two research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, BAE Systems presently has an average rating of "Hold" and an average price target of GBX 2,275.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source