BBA Aviation plc (BBA) Given Consensus Rating of “Buy” by Brokerages

BBA Aviation plc (LON:BBA) has been given an average recommendation of “Buy” by the seven analysts that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 324.29 ($4.28).

Several equities research analysts have issued reports on BBA shares. Investec reissued a “buy” rating and issued a GBX 335 ($4.42) price target on shares of BBA Aviation plc in a report on Wednesday. Liberum Capital reissued a “hold” rating and issued a GBX 325 ($4.29) price target on shares of BBA Aviation plc in a report on Tuesday. Citigroup Inc. lowered shares of BBA Aviation plc to a “neutral” rating and set a GBX 330 ($4.35) price target on the stock. in a report on Monday, May 8th. Barclays PLC reissued an “overweight” rating and issued a GBX 340 ($4.48) price target on shares of BBA Aviation plc in a report on Wednesday. Finally, J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 347 ($4.58) price target on shares of BBA Aviation plc in a report on Monday, May 15th.

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

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

About BBA Aviation plc

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)

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