BBA Aviation plc (LON:BBA) Given “Overweight” Rating at Barclays PLC

Barclays PLC restated their overweight rating on shares of BBA Aviation plc (LON:BBA) in a report issued on Monday, July 10th, Marketbeat reports. They currently have a GBX 340 ($4.43) price target on the stock.

Other research analysts also recently issued reports about the stock. Liberum Capital reiterated a hold rating and issued a GBX 325 ($4.23) price target on shares of BBA Aviation plc in a research report on Sunday, June 11th. Citigroup Inc. downgraded shares of BBA Aviation plc to a neutral rating and set a GBX 330 ($4.30) price target on the stock. in a research report on Monday, May 15th. Jefferies Group LLC increased their price target on shares of BBA Aviation plc from GBX 295 ($3.84) to GBX 340 ($4.43) and gave the stock a buy rating in a research report on Tuesday, March 21st. Finally, J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 347 ($4.52) price target on shares of BBA Aviation plc in a research report on Monday, May 8th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The stock has a consensus rating of Buy and an average price target of GBX 324.29 ($4.22).

Shares of BBA Aviation plc (LON:BBA) remained flat at GBX 312.40 during midday trading on Monday. 1,003,663 shares of the company’s stock were exchanged. The stock’s 50 day moving average is GBX 307.47 and its 200 day moving average is GBX 305.08. BBA Aviation plc has a one year low of GBX 223.40 and a one year high of GBX 324.50. The stock’s market cap is GBX 3.21 billion.

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In other news, insider Nigel Rudd acquired 4,890 shares of the firm’s stock in a transaction dated Wednesday, June 7th. The shares were purchased at an average cost of GBX 305 ($3.97) per share, for a total transaction of £14,914.50 ($19,422.45).

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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