Brad Greve Purchases 7 Shares of BAE Systems plc (LON:BA) Stock

BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve acquired 7 shares of the firm's stock in a transaction on Monday, June 16th. The shares were bought at an average cost of GBX 1,943 ($26.13) per share, for a total transaction of £136.01 ($182.91).

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

• On Wednesday, May 14th, Brad Greve bought 9 shares of BAE Systems stock. The stock was purchased at an average price of GBX 1,701 ($22.88) per share, with a total value of £153.09 ($205.88).
• On Monday, April 7th, Brad Greve sold 363,705 shares of BAE Systems stock. The shares were sold at an average price of GBX 1,497 ($20.13), for a total transaction of £5,444,663.85 ($7,322,033.15).

BAE Systems Stock Down 1.1%

LON BA traded down GBX 22 ($0.30) on Friday, reaching GBX 1,898 ($25.52). The company had a trading volume of 13,198,750 shares. The firm has a market capitalization of £58.76 billion, a price-to-earnings ratio of 32.56, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems plc has a 1-year low of GBX 1,012.50 ($13.62) and a 1-year high of GBX 1,415.25 ($19.03). The company's fifty day moving average is GBX 1,802.29 and its 200-day moving average is GBX 1,499.44.

Analysts Set New Price Targets

A number of research firms have recently issued reports on BA. Deutsche Bank Aktiengesellschaft lifted their target price on shares of BAE Systems from GBX 1,510 ($20.31) to GBX 1,900 ($25.55) and gave the company a "buy" rating in a research note on Friday, April 25th. JPMorgan Chase & Co. boosted their price objective on shares of BAE Systems from GBX 1,630 ($21.92) to GBX 1,725 ($23.20) 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 company's stock. According to data from MarketBeat.com, BAE Systems currently has a consensus rating of "Moderate Buy" and an average target price of GBX 1,626.25 ($21.87).

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.