BAE Systems plc (BA) Insider Acquires £152.28 in Stock
BAE Systems plc (LON:BA) insider Charles Woodburn acquired 27 shares of the stock in a transaction on Thursday, December 14th. The shares were purchased at an average cost of GBX 564 ($7.59) per share, with a total value of £152.28 ($204.95).
BAE Systems plc (LON:BA) traded up GBX 0.50 ($0.01) during midday trading on Friday, reaching GBX 563 ($7.58). The company had a trading volume of 4,220,144 shares, compared to its average volume of 8,800,000. BAE Systems plc has a 52 week low of GBX 533.50 ($7.18) and a 52 week high of GBX 682.50 ($9.19).
Several equities analysts have recently issued reports on the company. Kepler Capital Markets reaffirmed a “buy” rating and issued a GBX 700 ($9.42) price target on shares of BAE Systems in a research report on Thursday. Goldman Sachs Group lifted their price target on BAE Systems from GBX 774 ($10.42) to GBX 775 ($10.43) and gave the stock a “conviction-buy” rating in a research report on Wednesday. Jefferies Group reaffirmed a “hold” rating and issued a GBX 615 ($8.28) price target on shares of BAE Systems in a research report on Monday. Citigroup reaffirmed a “buy” rating and issued a GBX 720 ($9.69) price target on shares of BAE Systems in a research report on Monday. Finally, J P Morgan Chase & Co lifted their price target on BAE Systems from GBX 580 ($7.81) to GBX 595 ($8.01) and gave the stock a “neutral” rating in a research report on Monday, December 4th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. BAE Systems has a consensus rating of “Buy” and a consensus target price of GBX 650.42 ($8.75).
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BAE Systems plc is a defense, aerospace and security company. The Company operates through five segments. The Electronic Systems segment consists of the Company’s United States and United Kingdom-based electronics activities. The Cyber & Intelligence segment consists of its United States-based Intelligence & Security business and United Kingdom-based Applied Intelligence business, and covers the Company’s cyber, secure government, and commercial and financial security activities.
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