BAE Systems (LON:BA) Insider Brad Greve Purchases 6 Shares

BAE Systems plc (LON:BA) insider Brad Greve acquired 6 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was purchased at an average price of GBX 2,316 per share, for a total transaction of £138.96.

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

• On Monday, February 16th, Brad Greve acquired 7 shares of BAE Systems stock. The stock was purchased at an average price of GBX 2,028 per share, for a total transaction of £141.96.

BAE Systems Stock Performance

Shares of LON BA traded up GBX 15 during midday trading on Tuesday, hitting GBX 2,322. The company’s stock had a trading volume of 2,962,886 shares. The firm has a market capitalization of £71.89 billion, a price-to-earnings ratio of 39.84, a P/E/G ratio of 3.33 and a beta of 0.01. The company has a current ratio of 0.99, a quick ratio of 0.91 and a debt-to-equity ratio of 89.65. The stock has a fifty day moving average price of GBX 2,058.30 and a 200 day moving average price of GBX 1,905.59. 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) last issued its earnings results on Wednesday, February 18th. The company reported GBX 75.20 EPS for the quarter. BAE Systems had a return on equity of 18.23% and a net margin of 7.28%. On average, research analysts forecast that BAE Systems plc will post 73.537927 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. Jefferies Financial Group cut BAE Systems to a “hold” rating and increased their target price for the company from GBX 2,060 to GBX 2,120 in a research note on Monday, February 2nd. Berenberg Bank upped their price objective on BAE Systems from GBX 2,000 to GBX 2,300 and gave the stock a “hold” rating in a report on Thursday, March 5th. Four analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, BAE Systems has a consensus rating of “Moderate Buy” and a consensus target price of GBX 2,208.

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.