BBA Aviation plc (LON:BBA) Given Average Rating of “Buy” by Brokerages

BBA Aviation plc (LON:BBA) has received an average recommendation of “Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 12-month target price among analysts that have covered the stock in the last year is GBX 303 ($3.95).

A number of equities analysts have weighed in on the company. J P Morgan Chase & Co reissued an “overweight” rating and issued a GBX 347 ($4.52) target price on shares of BBA Aviation plc in a research report on Monday, May 8th. Citigroup Inc. lowered shares of BBA Aviation plc to a “neutral” rating and set a GBX 330 ($4.30) price target for the company. in a research report on Monday, May 8th. Liberum Capital reaffirmed a “hold” rating and set a GBX 325 ($4.23) price target on shares of BBA Aviation plc in a research report on Wednesday, May 24th. Finally, Barclays PLC reaffirmed an “overweight” rating and set a GBX 340 ($4.43) price target on shares of BBA Aviation plc in a research report on Monday, July 10th.

Shares of BBA Aviation plc (LON BBA) opened at 297.80 on Tuesday. The company’s 50 day moving average is GBX 307.21 and its 200 day moving average is GBX 303.86. The company’s market cap is GBX 3.06 billion. BBA Aviation plc has a one year low of GBX 223.40 and a one year high of GBX 324.50.

In related news, insider Nigel Rudd acquired 4,890 shares of the business’s stock in a transaction that occurred on Wednesday, June 7th. The stock was bought at an average cost of GBX 305 ($3.97) per share, for a total transaction of £14,914.50 ($19,430.04).

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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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