Citigroup upgraded shares of BBA Aviation (LON:BBA) to a buy rating in a research report report published on Monday. The brokerage currently has GBX 400 ($5.42) price objective on the stock, up from their prior price objective of GBX 330 ($4.48).
A number of other brokerages have also recently issued reports on BBA. JPMorgan Chase & Co. increased their price objective on shares of BBA Aviation from GBX 361 ($4.90) to GBX 372 ($5.04) and gave the stock an overweight rating in a research note on Wednesday, November 15th. Investec reissued a buy rating and issued a GBX 335 ($4.54) price objective on shares of BBA Aviation in a research note on Tuesday, November 14th. reaffirmed a buy rating and set a GBX 335 ($4.54) target price on shares of BBA Aviation in a research note on Tuesday, November 14th. Finally, Liberum Capital reaffirmed a hold rating and set a GBX 325 ($4.41) target price on shares of BBA Aviation in a research note on Tuesday, November 14th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company presently has an average rating of Buy and an average price target of GBX 349.57 ($4.74).
Shares of BBA Aviation (LON:BBA) opened at GBX 357.14 ($4.84) on Monday. The stock has a market cap of $3,680.00 and a price-to-earnings ratio of 2,551.00. BBA Aviation has a 52 week low of GBX 275.20 ($3.73) and a 52 week high of GBX 361 ($4.90).
BBA Aviation 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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