BBA Aviation plc’s (LON:BBA) Overweight Rating Reiterated at Barclays PLC

Barclays PLC restated their overweight rating on shares of BBA Aviation plc (LON:BBA) in a research note published on Monday, July 10th, Marketbeat Ratings reports. The brokerage currently has a GBX 340 ($4.44) price target on the stock.

Several other research analysts have also commented on the stock. Citigroup Inc. lowered shares of BBA Aviation plc to a neutral rating and set a GBX 330 ($4.31) price target for the company. in a report on Monday, May 8th. J P Morgan Chase & Co reiterated an overweight rating and issued a GBX 347 ($4.53) price objective on shares of BBA Aviation plc in a research report on Monday, May 8th. Jefferies Group LLC lifted their price objective on shares of BBA Aviation plc from GBX 295 ($3.85) to GBX 340 ($4.44) and gave the company a buy rating in a research report on Tuesday, March 21st. Finally, Liberum Capital reiterated a hold rating and issued a GBX 325 ($4.24) price objective on shares of BBA Aviation plc in a research report on Thursday, May 4th. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock currently has an average rating of Buy and a consensus target price of GBX 303 ($3.96).

Shares of BBA Aviation plc (LON BBA) traded down 1.10% on Monday, reaching GBX 306.00. The company had a trading volume of 1,303,341 shares. BBA Aviation plc has a 1-year low of GBX 228.70 and a 1-year high of GBX 324.50. The company’s 50 day moving average price is GBX 308.80 and its 200-day moving average price is GBX 303.13. The stock’s market capitalization is GBX 3.14 billion.

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In related news, insider Nigel Rudd purchased 4,890 shares of the company’s stock in a transaction on Wednesday, June 7th. The shares were bought at an average cost of GBX 305 ($3.98) per share, for a total transaction of £14,914.50 ($19,475.71).

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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