BBA Aviation Given Buy Rating at Jefferies Group (BBA)
BBA Aviation (LON:BBA)‘s stock had its “buy” rating reiterated by equities researchers at Jefferies Group in a research report issued on Monday, AnalystRatingsNetwork.com reports. They currently have a GBX 345 ($5.67) target price on the stock. Jefferies Group’s price target suggests a potential upside of 10.22% from the stock’s previous close.
Shares of BBA Aviation (LON:BBA) traded up 1.43% during mid-day trading on Monday, hitting GBX 313.00. The stock had a trading volume of 634,625 shares. BBA Aviation has a 52 week low of GBX 222.20 and a 52 week high of GBX 345.90. The stock’s 50-day moving average is GBX 315.8 and its 200-day moving average is GBX 314.. The company’s market cap is £1.497 billion.
BBA has been the subject of a number of other recent research reports. Analysts at Liberum Capital downgraded shares of BBA Aviation to a “sell” rating in a research note to investors on Tuesday, January 7th. They now have a GBX 290 ($4.77) price target on the stock. Separately, analysts at Westhouse Securities reiterated a “neutral” rating on shares of BBA Aviation in a research note to investors on Friday, December 13th. They now have a GBX 345 ($5.67) price target on the stock. Finally, analysts at Goldman Sachs Group Inc. raised their price target on shares of BBA Aviation from GBX 420 ($6.90) to GBX 425 ($6.98) in a research note to investors on Tuesday, November 26th. They now have a “buy” rating on the stock. One research analyst has rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company’s stock. BBA Aviation has a consensus rating of “Hold” and an average price target of GBX 322.82 ($5.31).
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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