N+1 Singer Reiterates “Buy” Rating for BBA Aviation plc (BBA)
BBA Aviation plc (LON:BBA)‘s stock had its “buy” rating restated by research analysts at N+1 Singer in a report issued on Friday. They currently have a GBX 253 ($3.30) price objective on the stock. N+1 Singer’s price target indicates a potential upside of 4.89% from the stock’s current price.
BBA has been the subject of several other research reports. Citigroup Inc. upped their price objective on shares of BBA Aviation plc from GBX 240 ($3.13) to GBX 310 ($4.05) and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Goldman Sachs Group Inc. reaffirmed a “neutral” rating and issued a GBX 186 ($2.43) price objective on shares of BBA Aviation plc in a report on Wednesday, August 3rd. Liberum Capital reaffirmed a “sell” rating and issued a GBX 205 ($2.68) price objective on shares of BBA Aviation plc in a report on Tuesday, August 30th. Finally, JPMorgan Chase & Co. raised shares of BBA Aviation plc to an “overweight” rating and upped their price objective for the stock from GBX 242 ($3.16) to GBX 274 ($3.58) in a report on Wednesday, August 3rd. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and five have issued a buy rating to the stock. BBA Aviation plc currently has a consensus rating of “Hold” and an average target price of GBX 237.56 ($3.10).
Shares of BBA Aviation plc (LON:BBA) opened at 241.20 on Friday. The stock’s 50 day moving average is GBX 249.62 and its 200-day moving average is GBX 216.13. The stock’s market capitalization is GBX 2.48 billion. BBA Aviation plc has a one year low of GBX 149.70 and a one year high of GBX 266.20.
About BBA Aviation plc
BBA Aviation plc is a provider of global aviation support and aftermarket services. 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, and Aircraft Service International Group (ASIG), a refueler.
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