BAE Systems (LON:BA) Insider Acquires 7 Shares

BAE Systems plc (LON:BA) insider Charles Woodburn purchased 7 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were bought at an average price of GBX 2,259 per share, with a total value of £158.13.

Charles Woodburn also recently made the following trade(s):

• On Tuesday, July 14th, Charles Woodburn purchased 8 shares of BAE Systems stock. The stock was bought at an average cost of GBX 1,221 per share, for a total transaction of GBX 9,768.

BAE Systems Price Performance

Shares of LON BA opened at GBX 2,236 on Tuesday. The stock has a fifty day simple moving average of GBX 1,965.68 and a two-hundred day simple moving average of GBX 2,044.36. BAE Systems plc has a 1-year low of GBX 1,012.50 and a 1-year high of GBX 1,415.25. The firm has a market cap of £69.23 billion, a price-to-earnings ratio of 38.36, a price-to-earnings-growth ratio of 3.33 and a beta of 0.01. The company has a current ratio of 1.02, a quick ratio of 0.91 and a debt-to-equity ratio of 73.96.

BAE Systems (LON:BA) last issued its earnings results on Thursday, July 30th. The company reported GBX 38.90 earnings per share (EPS) for the quarter. BAE Systems had a return on equity of 17.49% and a net margin of 7.19%. Analysts anticipate that BAE Systems plc will post 73.537927 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on BA shares. Royal Bank Of Canada restated a “sector perform” rating and set a GBX 2,200 price target on shares of BAE Systems in a research note on Tuesday, August 11th. Jefferies Financial Group reiterated a “hold” rating and set a GBX 2,100 price objective on shares of BAE Systems in a research note on Friday, July 31st. Deutsche Bank Aktiengesellschaft increased their price target on shares of BAE Systems from GBX 2,140 to GBX 2,325 and gave the stock a “hold” rating in a report on Monday, August 10th. Finally, JPMorgan Chase & Co. increased their target price on shares of BAE Systems from GBX 2,400 to GBX 2,450 and gave the stock an “overweight” rating in a research note on Friday, July 31st. Two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average price target of GBX 2,275.

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.