BAE Systems (LON:BA) Stock Price Down 0.6% - Here's What Happened

BAE Systems plc (LON:BA - Get Free Report)'s stock price fell 0.6% during trading on Friday . The company traded as low as GBX 1,919.56 ($25.99) and last traded at GBX 1,920 ($26.00). 3,390,417 shares changed hands during trading, The stock had previously closed at GBX 1,932 ($26.16).

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on BA shares. Deutsche Bank Aktiengesellschaft lifted their target price on shares of BAE Systems from GBX 1,510 ($20.44) to GBX 1,900 ($25.72) and gave the stock a "buy" rating in a research report on Friday, April 25th. JPMorgan Chase & Co. lifted their price objective on shares of BAE Systems from GBX 1,630 ($22.07) to GBX 1,725 ($23.35) and gave the stock an "overweight" rating in a research report on Monday, March 3rd. One equities research analyst has rated the stock with a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, BAE Systems currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,626.25 ($22.02).

BAE Systems Trading Down 0.9%

The company has a quick ratio of 0.91, a current ratio of 1.03 and a debt-to-equity ratio of 94.02. The company has a 50-day moving average price of GBX 1,807.10 and a 200-day moving average price of GBX 1,507.35. The company has a market capitalization of £58.20 billion, a price-to-earnings ratio of 32.25, a P/E/G ratio of 3.33 and a beta of 0.33.

Insider Activity at BAE Systems

In other BAE Systems news, insider Tom Arseneault sold 165,890 shares of the company's stock in a transaction on Wednesday, March 26th. The stock was sold at an average price of GBX 1,568 ($21.23), for a total value of £2,601,155.20 ($3,521,737.34). Also, insider Brad Greve sold 363,705 shares of the company's stock in a transaction dated Monday, April 7th. The stock was sold at an average price of GBX 1,497 ($20.27), for a total transaction of £5,444,663.85 ($7,371,600.12). Over the last 90 days, insiders purchased 41 shares of company stock worth $73,057 and sold 1,406,939 shares worth $2,177,625,265. 0.14% of the stock is owned by corporate insiders.

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.