BAE Systems plc (LON:BA) Insider Charles Woodburn Purchases 31 Shares

BAE Systems plc (LON:BA) insider Charles Woodburn acquired 31 shares of the business’s stock in a transaction dated Friday, June 14th. The shares were bought at an average price of GBX 487 ($6.36) per share, with a total value of £150.97 ($197.27).

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

  • On Tuesday, May 14th, Charles Woodburn bought 32 shares of BAE Systems stock. The shares were purchased at an average cost of GBX 465 ($6.08) per share, for a total transaction of £148.80 ($194.43).
  • On Monday, April 15th, Charles Woodburn bought 30 shares of BAE Systems stock. The shares were purchased at an average cost of GBX 506 ($6.61) per share, for a total transaction of £151.80 ($198.35).

Shares of LON BA traded up GBX 4.20 ($0.05) during mid-day trading on Monday, reaching GBX 488.90 ($6.39). The company had a trading volume of 1,661,751 shares, compared to its average volume of 9,870,000. BAE Systems plc has a twelve month low of GBX 439.40 ($5.74) and a twelve month high of GBX 680.20 ($8.89). The company has a current ratio of 1.03, a quick ratio of 0.81 and a debt-to-equity ratio of 76.88. The company has a market capitalization of $15.63 billion and a PE ratio of 15.67.

Several brokerages have issued reports on BA. Goldman Sachs Group reissued a “buy” rating and set a GBX 588 ($7.68) target price (down from GBX 634 ($8.28)) on shares of BAE Systems in a research note on Tuesday, March 5th. Deutsche Bank reissued a “buy” rating on shares of BAE Systems in a research note on Monday, May 13th. DZ Bank downgraded shares of BAE Systems to a “buy” rating and cut their target price for the company from GBX 560 ($7.32) to GBX 550 ($7.19) in a research note on Friday, February 22nd. Credit Suisse Group cut their target price on shares of BAE Systems from GBX 635 ($8.30) to GBX 600 ($7.84) and set an “outperform” rating on the stock in a research note on Friday, February 22nd. Finally, Berenberg Bank boosted their target price on shares of BAE Systems from GBX 560 ($7.32) to GBX 590 ($7.71) and gave the company a “buy” rating in a research note on Monday, March 11th. Four equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. BAE Systems currently has an average rating of “Buy” and an average price target of GBX 608.58 ($7.95).

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About BAE Systems

BAE Systems plc operates as a defense, aerospace, and security company worldwide. Its Electronic Systems segment offers electronic warfare systems and electro-optical sensors, military and commercial digital engine and flight controls, precision guidance and seeker solutions, military communication systems and data links, persistent surveillance systems, and hybrid electric drive systems.

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