Insider Buying: BAE Systems plc (LON:BA) Insider Buys 12 Shares of Stock

BAE Systems plc (LON:BA) insider Brad Greve bought 12 shares of the firm’s stock in a transaction on Monday, December 16th. The stock was purchased at an average cost of GBX 1,205 ($15.15) per share, with a total value of £144.60 ($181.80).

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

• On Thursday, November 14th, Brad Greve acquired 11 shares of BAE Systems stock. The stock was acquired at an average cost of GBX 1,341 ($16.86) per share, for a total transaction of £147.51 ($185.45).

BAE Systems Price Performance

LON BA opened at GBX 1,173.50 ($14.75) on Thursday. The business’s fifty day moving average is GBX 1,285.03 and its 200 day moving average is GBX 1,300.48. The company has a debt-to-equity ratio of 94.37, a quick ratio of 0.91 and a current ratio of 1.03. BAE Systems plc has a fifty-two week low of GBX 1,012.50 ($12.73) and a fifty-two week high of GBX 1,415.25 ($17.79). The company has a market capitalization of £35.44 billion, a PE ratio of 1,955.83, a price-to-earnings-growth ratio of 3.33 and a beta of 0.33.

Wall Street Analysts Forecast Growth

Separately, Berenberg Bank restated a “buy” rating and issued a GBX 1,440 ($18.10) price target on shares of BAE Systems in a research note on Tuesday, December 10th. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of GBX 1,454 ($18.28).

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.