Barclays PLC Reaffirms Overweight Rating for BBA Aviation plc (LON:BBA)

Barclays PLC restated their overweight rating on shares of BBA Aviation plc (LON:BBA) in a research report sent to investors on Monday, July 10th, MarketBeat reports. They currently have a GBX 340 ($4.48) price target on the stock.

A number of other equities research analysts have also recently weighed in on the company. Citigroup Inc. cut BBA Aviation plc to a neutral rating and set a GBX 330 ($4.35) price target on the stock. in a research note on Monday, May 8th. J P Morgan Chase & Co restated an overweight rating and issued a GBX 347 ($4.58) price target on shares of BBA Aviation plc in a research note on Monday, May 8th. Jefferies Group LLC increased their price target on BBA Aviation plc from GBX 295 ($3.89) to GBX 340 ($4.48) and gave the company a buy rating in a research note on Tuesday, March 21st. Finally, Liberum Capital restated a hold rating and issued a GBX 325 ($4.29) price target on shares of BBA Aviation plc in a research note on Thursday, May 4th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. BBA Aviation plc has an average rating of Buy and an average price target of GBX 324.29 ($4.28).

BBA Aviation plc (BBA) traded up 0.32% during trading on Monday, hitting GBX 312.40. 989,541 shares of the stock were exchanged. BBA Aviation plc has a 12-month low of GBX 223.40 and a 12-month high of GBX 324.50. The stock’s 50-day moving average price is GBX 307.28 and its 200-day moving average price is GBX 304.49. The firm’s market cap is GBX 3.21 billion.

ILLEGAL ACTIVITY WARNING: “Barclays PLC Reaffirms Overweight Rating for BBA Aviation plc (LON:BBA)” was originally published by Sports Perspectives and is the sole property of of Sports Perspectives. If you are accessing this story on another publication, it was illegally stolen and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this story can be viewed at https://sportsperspectives.com/2017/08/06/barclays-plc-reiterates-overweight-rating-for-bba-aviation-plc-lonbba-updated-updated-updated.html.

In related news, insider Nigel Rudd bought 4,890 shares of BBA Aviation plc stock in a transaction dated Wednesday, June 7th. The shares were bought at an average cost of GBX 305 ($4.02) per share, with a total value of £14,914.50 ($19,673.53).

BBA Aviation plc Company Profile

BBA Aviation plc is a provider of global aviation support and aftermarket services primarily focused on servicing the Business and General Aviation (B&GA) market. 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 for B&GA covering destinations in North America, Europe, Caribbean, Africa and Asia.

Analyst Recommendations for BBA Aviation plc (LON:BBA)

Receive News & Ratings for BBA Aviation plc Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for BBA Aviation plc and related companies with MarketBeat.com’s FREE daily email newsletter.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

nineteen − fifteen =