BBA Aviation plc (LON:BBA) has received an average rating of “Buy” from the seven ratings firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is GBX 360.40 ($4.80).
BBA has been the subject of a number of analyst reports. Citigroup reissued a “buy” rating and issued a GBX 400 ($5.33) price objective on shares of BBA Aviation in a research note on Friday, March 2nd. Liberum Capital reissued a “hold” rating and issued a GBX 325 ($4.33) price objective on shares of BBA Aviation in a research note on Thursday, March 1st. Jefferies Financial Group cut shares of BBA Aviation to a “hold” rating and increased their price objective for the stock from GBX 340 ($4.53) to GBX 350 ($4.66) in a research note on Friday, March 16th. Barclays increased their price objective on shares of BBA Aviation from GBX 340 ($4.53) to GBX 382 ($5.09) and gave the stock an “overweight” rating in a research note on Wednesday, May 16th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of BBA Aviation in a research note on Monday, May 14th.
Shares of BBA Aviation opened at GBX 335.80 ($4.47) on Wednesday, according to MarketBeat.com. BBA Aviation has a 1 year low of GBX 290 ($3.86) and a 1 year high of GBX 370.40 ($4.93).
About BBA Aviation
BBA Aviation plc provides aviation support and aftermarket services to the business and general aviation (B&GA) markets in the United Kingdom, Mainland Europe, North America, and internationally. It operates through Flight Support and Aftermarket Services segments. The company operates Signature Flight Support, a fixed base operation network that offers service support for B&GA travel, including fueling, ground handling, passenger and pilot services, and amenities; hangarage for resting and at home aircraft; technical support, line maintenance, and aircraft on ground services through Signature TECHNICAir; and aircraft management and charter services through Gama Aviation Signature Aircraft Management partnership to the passengers, operators, and pilots of the B&GA fleet.
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