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Insider Buying: BAE Systems (LON:BA) Insider Acquires 7 Shares of Stock

BAE Systems logo with Industrials background

Key Points

  • Insider Brad Greve purchased 7 shares of BAE Systems at an average cost of GBX 2,008 per share, totaling £140.56.
  • Recent trading saw BAE Systems' stock close down GBX 19.50 at GBX 1,996.50 with a market capitalization of £61.81 billion.
  • Multiple brokerages have rated BAE Systems with a consensus target price of GBX 1,976.75, indicating a generally positive outlook for the stock.
  • MarketBeat previews the top five stocks to own by October 1st.

BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve purchased 7 shares of the business's stock in a transaction that occurred on Monday, September 15th. The stock was bought at an average price of GBX 2,008 per share, with a total value of £140.56.

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

  • On Thursday, August 14th, Brad Greve purchased 9 shares of BAE Systems stock. The stock was bought at an average price of GBX 1,780 per share, with a total value of £160.20.

BAE Systems Price Performance

Shares of BA stock traded down GBX 5.50 during trading on Friday, hitting GBX 1,950. The company had a trading volume of 3,923,759 shares. The company has a debt-to-equity ratio of 94.02, a quick ratio of 0.91 and a current ratio of 1.03. The firm has a market capitalization of £60.37 billion, a P/E ratio of 33.45, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33. The stock's 50-day moving average price is GBX 1,824.13 and its 200 day moving average price is GBX 1,772.17. BAE Systems plc has a one year low of GBX 1,012.50 and a one year high of GBX 1,415.25.

BAE Systems (LON:BA - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The company reported GBX 34.70 earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 16.87% and a net margin of 7.49%. Equities analysts expect that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Analysts Set New Price Targets

BA has been the subject of several recent research reports. Citigroup boosted their price target on BAE Systems from GBX 2,145 to GBX 2,192 and gave the company a "buy" rating in a research note on Thursday, July 31st. Deutsche Bank Aktiengesellschaft boosted their price objective on shares of BAE Systems from GBX 2,170 to GBX 2,220 and gave the company a "buy" rating in a research report on Friday, September 12th. Berenberg Bank restated a "hold" rating and set a GBX 1,770 price objective on shares of BAE Systems in a research report on Wednesday, July 30th. Finally, Morgan Stanley restated an "overweight" rating on shares of BAE Systems in a research report on Friday, September 5th. Four research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of GBX 1,976.75.

Check Out Our Latest Analysis on BAE Systems

About BAE Systems

(Get Free Report)

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.

Further Reading

Insider Buying and Selling by Quarter for BAE Systems (LON:BA)

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