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

BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve bought 7 shares of the stock in a transaction that occurred on Monday, June 16th. The stock was bought at an average cost of GBX 1,943 ($26.08) per share, for a total transaction of £136.01 ($182.59).

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

• On Wednesday, May 14th, Brad Greve purchased 9 shares of BAE Systems stock. The shares were purchased at an average cost of GBX 1,701 ($22.84) per share, with a total value of £153.09 ($205.52).
• 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 ($20.10), for a total value of £5,444,663.85 ($7,309,254.73).

BAE Systems Stock Up 0.2%

BAE Systems stock traded up GBX 3 ($0.04) during trading hours on Wednesday, hitting GBX 1,931 ($25.92). 4,732,940 shares of the stock traded hands. BAE Systems plc has a one year low of GBX 1,012.50 ($13.59) and a one year high of GBX 1,415.25 ($19.00). The firm's 50-day moving average price is GBX 1,781.84 and its two-hundred day moving average price is GBX 1,486.93. The company has a current ratio of 1.03, a quick ratio of 0.91 and a debt-to-equity ratio of 94.02. The company has a market cap of £59.78 billion, a PE ratio of 33.13, a PEG ratio of 3.33 and a beta of 0.33.

Analyst Ratings Changes

Several equities analysts recently commented on BA shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 1,440 ($19.33) target price on shares of BAE Systems in a report on Wednesday, February 19th. JPMorgan Chase & Co. increased their price objective on BAE Systems from GBX 1,630 ($21.88) to GBX 1,725 ($23.16) and gave the stock an "overweight" rating in a report on Monday, March 3rd. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on BAE Systems from GBX 1,510 ($20.27) to GBX 1,900 ($25.51) and gave the company a "buy" rating in a research note on Friday, April 25th. One equities research analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat.com, BAE Systems currently has an average rating of "Moderate Buy" and a consensus price target of GBX 1,626.25 ($21.83).

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.

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