Key Points
- Insider purchase: Brad Greve bought 7 shares of BAE Systems on February 16 at an average price of GBX 2,028 per share, a transaction totaling £141.96.
- Market and analyst backdrop: Shares opened at GBX 2,029 and were trading up ~3.1%; the stock has a consensus rating of “Moderate Buy” (4 Buy, 2 Hold) with an average target of GBX 2,021.40 and a market cap of £62.82 billion.
- Key valuation and balance-sheet metrics: BAE trades at a P/E of 34.81 and P/E/G of 3.33, with a debt-to-equity ratio of 94.02 and liquidity ratios near 1.0 (quick ratio 0.91, current ratio 1.03).
BAE Systems plc (LON:BA - Get Free Report) insider Brad Greve acquired 7 shares of the firm's stock in a transaction dated Monday, February 16th. The shares were purchased at an average price of GBX 2,028 per share, for a total transaction of £141.96.
BAE Systems Trading Up 3.1%
Shares of BAE Systems stock opened at GBX 2,029 on Wednesday. BAE Systems plc has a fifty-two week low of GBX 1,012.50 and a fifty-two week high of GBX 1,415.25. 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 company has a market capitalization of £62.82 billion, a P/E ratio of 34.81, a P/E/G ratio of 3.33 and a beta of 0.33. The company has a fifty day moving average of GBX 1,877.17 and a 200 day moving average of GBX 1,849.98.
Wall Street Analyst Weigh In
Several analysts recently issued reports on BA shares. JPMorgan Chase & Co. reiterated an "overweight" rating on shares of BAE Systems in a research report on Tuesday, October 28th. Jefferies Financial Group downgraded BAE Systems to a "hold" rating and upped their price target for the stock from GBX 2,060 to GBX 2,120 in a research note on Monday, February 2nd. Finally, Berenberg Bank reaffirmed a "hold" rating and set a GBX 1,850 price objective on shares of BAE Systems in a report on Wednesday, November 12th. Four investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 2,021.40.
Check Out Our Latest Research Report on BAE Systems
About BAE Systems
(
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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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