BBA Aviation Price Target Raised to GBX 420 at Goldman Sachs Group Inc. (BBA)
Analysts at Goldman Sachs Group Inc. increased their price objective on shares of BBA Aviation (LON:BBA) from GBX 350 ($5.59) to GBX 420 ($6.70) in a research report issued to clients and investors on Tuesday, StockRatingsNetwork reports. The firm currently has a “buy” rating on the stock. Goldman Sachs Group Inc.’s price target points to a potential upside of 35.14% from the company’s current price.
BBA Aviation (LON:BBA) opened at 316.20 on Tuesday. BBA Aviation has a 52-week low of GBX 191.50 and a 52-week high of GBX 328.60. The stock’s 50-day moving average is GBX 308.7 and its 200-day moving average is GBX 281.3. The company’s market cap is £1.513 billion.
BBA has been the subject of a number of other recent research reports. Analysts at Westhouse Securities reiterated an “add” rating on shares of BBA Aviation in a research note to investors on Tuesday, October 8th. They now have a GBX 345 ($5.51) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of BBA Aviation in a research note to investors on Wednesday, October 2nd. They now have a GBX 347 ($5.54) price target on the stock. Five research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of GBX 321.65 ($5.13).
BBA Aviation plc is a provider of aviation services and aftermarket support to operators of business and general aviation, military and commercial aircraft.
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