Published On: Fri, Sep 16th, 2016

BBA Aviation plc (BBA) Given Buy Rating at N+1 Singer

BBA Aviation plc (LON:BBA)‘s stock had its “buy” rating reaffirmed by equities researchers at N+1 Singer in a note issued to investors on Friday. They currently have a GBX 253 ($3.37) target price on the stock. N+1 Singer’s price objective points to a potential upside of 7.11% from the stock’s previous close.
Several other analysts have also issued reports on BBA. Citigroup Inc. increased their price objective on BBA Aviation plc from GBX 240 ($3.20) to GBX 310 ($4.13) and gave the stock a “buy” rating in a report on Wednesday, August 3rd. Goldman Sachs Group Inc. reissued a “neutral” rating and set a GBX 186 ($2.48) target price on shares of BBA Aviation plc in a research report on Wednesday, August 3rd. Liberum Capital reissued a “sell” rating and set a GBX 205 ($2.73) target price on shares of BBA Aviation plc in a research report on Tuesday, August 30th. Finally, JPMorgan Chase & Co. raised shares of BBA Aviation plc to an “overweight” rating and increased their target price for the stock from GBX 242 ($3.22) to GBX 274 ($3.65) in a research report on Wednesday, August 3rd. One analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 232.56 ($3.10).
Shares of BBA Aviation plc (LON:BBA) opened at 242.30 on Friday. The firm’s 50-day moving average price is GBX 249.22 and its 200 day moving average price is GBX 215.51. The firm’s market cap is GBX 2.49 billion. BBA Aviation plc has a 52 week low of GBX 149.70 and a 52 week high of GBX 266.20.

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BBA Aviation plc Company Profile
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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