Several other research analysts have also weighed in on the stock. Barclays PLC reissued an overweight rating and set a GBX 340 ($4.47) price objective on shares of BBA Aviation plc in a report on Wednesday, August 2nd. Liberum Capital reissued a hold rating and set a GBX 325 ($4.27) price objective on shares of BBA Aviation plc in a report on Tuesday, August 1st. Investec reissued a buy rating and set a GBX 335 ($4.41) price objective on shares of BBA Aviation plc in a report on Wednesday, August 2nd. Finally, J P Morgan Chase & Co raised their price objective on shares of BBA Aviation plc from GBX 361 ($4.75) to GBX 372 ($4.89) and gave the stock an overweight rating in a report on Wednesday. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. BBA Aviation plc currently has an average rating of Buy and a consensus target price of GBX 339.57 ($4.47).
BBA Aviation plc (LON:BBA) traded down GBX 0.60 ($0.01) during trading on Tuesday, reaching GBX 327.60 ($4.31). 2,397,592 shares of the company traded hands, compared to its average volume of 1,470,000. BBA Aviation plc has a 12-month low of GBX 249 ($3.28) and a 12-month high of GBX 328.30 ($4.32).
About BBA Aviation plc
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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