BAE Systems (LON:BA) Insider Brad Greve Buys 2,760 Shares

BAE Systems plc (LON:BA) insider Brad Greve bought 2,760 shares of the business’s stock in a transaction on Friday, June 5th. The stock was purchased at an average cost of GBX 1,909 per share, for a total transaction of £52,688.40.

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

• On Monday, March 16th, Brad Greve bought 6 shares of BAE Systems stock. The stock was purchased at an average cost of GBX 2,316 per share, for a total transaction of £138.96.

BAE Systems Trading Up 1.0%

LON BA traded up GBX 19.50 on Tuesday, reaching GBX 1,950. The stock had a trading volume of 3,272,371 shares. The firm has a market capitalization of £60.37 billion, a price-to-earnings ratio of 33.45, a P/E/G ratio of 3.33 and a beta of 0.01. The company has a quick ratio of 0.91, a current ratio of 0.99 and a debt-to-equity ratio of 89.65. BAE Systems plc has a 12-month low of GBX 1,012.50 and a 12-month high of GBX 1,415.25. The stock has a fifty day moving average price of GBX 2,068.02 and a two-hundred day moving average price of GBX 1,985.11.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Jefferies Financial Group restated a “hold” rating and issued a GBX 2,200 price objective on shares of BAE Systems in a report on Thursday, May 7th. 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 research report on Thursday, March 5th. Four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 2,228.

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.