BBA Aviation plc (BBA) Given Consensus Rating of “Buy” by Analysts
Shares of BBA Aviation plc (LON:BBA) have earned a consensus recommendation of “Buy” from the ten ratings firms that are presently covering the stock. One equities research analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 244.80 ($3.06).
Several equities research analysts have issued reports on the company. JPMorgan Chase & Co. upgraded BBA Aviation plc to an “overweight” rating and increased their target price for the stock from GBX 242 ($3.02) to GBX 274 ($3.42) in a research report on Wednesday, August 3rd. Goldman Sachs Group Inc. reiterated a “neutral” rating and issued a GBX 186 ($2.32) price objective on shares of BBA Aviation plc in a research report on Wednesday, August 3rd. Citigroup Inc. increased their price objective on BBA Aviation plc from GBX 240 ($3.00) to GBX 310 ($3.87) and gave the stock a “buy” rating in a research report on Wednesday, August 3rd. Liberum Capital reiterated a “sell” rating and issued a GBX 205 ($2.56) price objective on shares of BBA Aviation plc in a research report on Monday, September 26th. Finally, Barclays PLC reiterated an “overweight” rating and issued a GBX 280 ($3.50) price objective on shares of BBA Aviation plc in a research report on Thursday, September 22nd.
Shares of BBA Aviation plc (LON:BBA) traded down 0.34% on Wednesday, reaching GBX 264.80. The company’s stock had a trading volume of 1,493,795 shares. BBA Aviation plc has a 12 month low of GBX 149.70 and a 12 month high of GBX 269.10. The firm’s market cap is GBX 2.72 billion. The stock has a 50 day moving average of GBX 255.20 and a 200-day moving average of GBX 234.84.
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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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