BBA Aviation (LON:BBA)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a note issued to investors on Monday, February 4th. They presently have a GBX 365 ($4.77) target price on the stock. Liberum Capital’s target price would suggest a potential upside of 48.25% from the stock’s current price.
Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group upgraded shares of BBA Aviation to a “buy” rating and lowered their price objective for the stock from GBX 368 ($4.81) to GBX 290 ($3.79) in a research report on Thursday, January 10th. JPMorgan Chase & Co. reissued an “overweight” rating and set a GBX 354 ($4.63) target price on shares of BBA Aviation in a report on Monday, November 19th. Finally, Barclays reissued an “overweight” rating and set a GBX 350 ($4.57) target price (down from GBX 370 ($4.83)) on shares of BBA Aviation in a report on Friday, November 9th. Six equities research analysts have rated the stock with a buy rating, BBA Aviation currently has an average rating of “Buy” and an average target price of GBX 354.83 ($4.64).
BBA stock traded up GBX 2.80 ($0.04) during trading on Monday, reaching GBX 246.20 ($3.22). 2,027,803 shares of the company were exchanged, compared to its average volume of 2,270,000. BBA Aviation has a twelve month low of GBX 290 ($3.79) and a twelve month high of GBX 370.40 ($4.84).
About BBA Aviation
BBA Aviation plc provides aviation support and aftermarket services to the business and general aviation (B&GA) markets in the United Kingdom, Mainland Europe, North America, and internationally. It operates through Flight Support and Aftermarket Services segments. The company operates Signature Flight Support, a fixed base operation network that offers service support for B&GA travel, including fueling, ground handling, passenger and pilot services, and amenities; hangarage for resting and at home aircraft; technical support, line maintenance, and aircraft on ground services through Signature TECHNICAir; and aircraft management and charter services through Gama Aviation Signature Aircraft Management partnership to the passengers, operators, and pilots of the B&GA fleet.
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