BBA Aviation plc (LON:BBA)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays PLC in a research report issued on Wednesday. They presently have a GBX 340 ($4.48) price target on the stock. Barclays PLC’s price objective indicates a potential upside of 9.22% from the stock’s current price.
A number of other equities research analysts have also recently commented on the company. Liberum Capital reaffirmed a “hold” rating and set a GBX 325 ($4.29) price objective on shares of BBA Aviation plc in a research note on Sunday, June 11th. Citigroup Inc. cut BBA Aviation plc to a “neutral” rating and set a GBX 330 ($4.35) price objective for the company. in a research note on Monday, May 15th. Finally, J P Morgan Chase & Co reaffirmed an “overweight” rating and set a GBX 347 ($4.58) price objective on shares of BBA Aviation plc in a research note on Monday, May 8th. Three investment analysts have rated the stock with a hold rating and four have given a buy rating to the stock. BBA Aviation plc presently has a consensus rating of “Buy” and a consensus price target of GBX 303 ($4.00).
BBA Aviation plc (LON BBA) opened at 315.60 on Wednesday. The firm’s market cap is GBX 3.24 billion. BBA Aviation plc has a 52-week low of GBX 228.70 and a 52-week high of GBX 324.50. The company has a 50 day moving average price of GBX 307.01 and a 200-day moving average price of GBX 304.40.
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In other BBA Aviation plc news, insider Nigel Rudd bought 4,890 shares of the firm’s stock in a transaction on Wednesday, June 7th. The stock was purchased 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.
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