BBA Aviation (BBA) Reaches New 12-Month High at $370.40

BBA Aviation plc (LON:BBA)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as GBX 370.40 ($5.02) and last traded at GBX 368.40 ($5.00), with a volume of 1480000 shares. The stock had previously closed at GBX 368.40 ($5.00).

BBA has been the subject of several recent research reports. Liberum Capital restated a “hold” rating and set a GBX 325 ($4.41) price target on shares of BBA Aviation in a research report on Tuesday, November 14th. Investec restated a “buy” rating and set a GBX 335 ($4.54) price target on shares of BBA Aviation in a research report on Tuesday, November 14th. JPMorgan Chase & Co. upped their price target 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 report on Wednesday, November 15th. restated a “buy” rating and set a GBX 335 ($4.54) price target on shares of BBA Aviation in a research report on Tuesday, November 14th. Finally, Citigroup upgraded shares of BBA Aviation to a “buy” rating and upped their price target for the stock from GBX 330 ($4.48) to GBX 400 ($5.42) in a research report on Monday, January 8th. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. BBA Aviation currently has an average rating of “Buy” and a consensus target price of GBX 349.57 ($4.74).

The company has a market capitalization of $3,810.00 and a PE ratio of 2,631.43.

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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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