BBA Aviation’s (BBA) “Buy” Rating Reiterated at Liberum Capital

BBA Aviation (LON:BBA)‘s stock had its “buy” rating reissued by equities researchers at Liberum Capital in a research report issued to clients and investors on Tuesday.

Several other research analysts also recently weighed in on BBA. Barclays decreased their price target on shares of BBA Aviation from GBX 382 ($4.98) to GBX 370 ($4.82) and set an “overweight” rating on the stock in a research report on Thursday, August 2nd. Berenberg Bank initiated coverage on shares of BBA Aviation in a research report on Monday, September 3rd. They issued a “buy” rating and a GBX 370 ($4.82) price target on the stock. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus target price of GBX 365 ($4.75).

Shares of BBA stock opened at GBX 300.20 ($3.91) on Tuesday. BBA Aviation has a 12-month low of GBX 290 ($3.78) and a 12-month high of GBX 370.40 ($4.82).

In other BBA Aviation news, insider Mark Johnstone purchased 13,251 shares of the firm’s stock in a transaction on Monday, August 6th. The shares were acquired at an average cost of GBX 305 ($3.97) per share, for a total transaction of £40,415.55 ($52,644.98).

BBA Aviation Company Profile

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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