BBA Aviation plc (BBA) Given Average Rating of “Buy” by Brokerages
BBA Aviation plc (LON:BBA) has been given an average rating of “Buy” by the ten research firms that are currently covering the stock. One research analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The average 12-month target price among brokerages that have issued ratings on the stock in the last year is GBX 241.80 ($2.95).
BBA has been the subject of several recent analyst reports. Citigroup Inc. raised their target price on BBA Aviation plc from GBX 240 ($2.93) to GBX 310 ($3.78) and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Jefferies Group reaffirmed a “buy” rating and issued a GBX 295 ($3.60) target price on shares of BBA Aviation plc in a research report on Monday, September 19th. N+1 Singer reaffirmed a “buy” rating and issued a GBX 253 ($3.08) target price on shares of BBA Aviation plc in a research report on Friday, September 16th. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and issued a GBX 186 ($2.27) target price on shares of BBA Aviation plc in a research report on Monday, June 27th. Finally, JPMorgan Chase & Co. raised BBA Aviation plc to an “overweight” rating and raised their target price for the stock from GBX 242 ($2.95) to GBX 274 ($3.34) in a research report on Wednesday, August 3rd.
BBA Aviation plc (LON:BBA) traded up 0.87% during midday trading on Tuesday, hitting GBX 255.70. The stock had a trading volume of 2,497,217 shares. The company’s 50-day moving average price is GBX 248.71 and its 200 day moving average price is GBX 224.07. BBA Aviation plc has a 12-month low of GBX 149.70 and a 12-month high of GBX 266.20. The stock’s market cap is GBX 2.62 billion.
About BBA Aviation plc
BBA Aviation plc is a provider of global aviation support and aftermarket services. The Company operates through two divisions: Flight Support and Aftermarket Services. The Flight Support businesses include Signature Flight Support, which is a fixed base operation (FBO) network, and Aircraft Service International Group (ASIG), a refueler.
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