BBA Aviation plc (BBA) Receives Average Rating of “Buy” from Analysts

BBA Aviation plc (LON:BBA) has received a consensus rating of “Buy” from the seven research firms that are currently covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 324.29 ($4.19).

A number of research analysts have commented on BBA shares. Investec restated a “buy” rating and set a GBX 335 ($4.33) price target on shares of BBA Aviation plc in a research note on Wednesday, August 2nd. Liberum Capital restated a “hold” rating and set a GBX 325 ($4.20) price target on shares of BBA Aviation plc in a research note on Sunday, June 11th. Citigroup Inc cut shares of BBA Aviation plc to a “neutral” rating and set a GBX 330 ($4.26) price target for the company. in a research note on Monday, May 15th. Barclays PLC restated an “overweight” rating and set a GBX 340 ($4.39) price target on shares of BBA Aviation plc in a research note on Wednesday, August 2nd. Finally, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 347 ($4.48) price target on shares of BBA Aviation plc in a research note on Monday, May 8th.

Shares of BBA Aviation plc (LON:BBA) traded down 0.56% during mid-day trading on Wednesday, hitting GBX 303.30. The stock had a trading volume of 770,773 shares. The stock’s market cap is GBX 3.12 billion. BBA Aviation plc has a one year low of GBX 228.70 and a one year high of GBX 324.50. The firm has a 50 day moving average of GBX 305.60 and a 200 day moving average of GBX 307.42.

The company also recently announced a dividend, which will be paid on Friday, November 3rd. Stockholders of record on Thursday, September 14th will be paid a $0.04 dividend. This represents a dividend yield of 0.95%. The ex-dividend date of this dividend is Thursday, September 14th.

In other news, insider Nigel Rudd bought 4,890 shares of the business’s stock in a transaction dated Wednesday, June 7th. The stock was bought at an average price of GBX 305 ($3.94) per share, for a total transaction of £14,914.50 ($19,261.91).

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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)




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