Bba Aviation (LON:BBA) Rating Reaffirmed
The broker has just set a target PPS of GBX 186.00 on Bba Aviation (LON:BBA) shares. This is 5.98% from the current price. In an interesting research report sent to clients and investors on Thursday, 3 December, N 1 Singer has restated their “Hold” rating on shares of BBA.
From a total of 7 analysts covering BBA Aviation PLC (LON:BBA) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 5 a ”Hold”. This means that 29% of the ratings are positive. The highest target price is GBX 4.24 while the lowest target price is GBX 2.45. The mean of all analyst targets is GBX 3.27 with a 55.14% above today’s (GBX 175) stock price. BBA Aviation PLC was the topic of 24 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 25 with “Hold” rating. Societe Generale maintained shares with “Hold” rating and GBX 300 target share price in a report from an October 1. RBC Capital Markets maintained BBA stock in a recent report from November 24 with “Sector Perform” rating. Morgan Stanley maintained the rating on August 11. Morgan Stanley has a “Underweight” rating and a GBX 332 price target on shares. Finally, UBS maintained the stock with “Neutral” rating in a report issued on an October 9.
The stock decreased 1.85% or GBX 3.3 on December 3, striking GBX 175. Approximately 1.68M shares of stock traded hands. BBA Aviation plc (LON:BBA) has declined 27.72% since May 6, 2015 and is downtrending. It has underperformed by 27.43% the S&P500.
BBA Aviation plc is a United Kingdom well-known provider of global aviation support and aftermarket services. The company has a market cap of 1.82 billion GBP. The Firm delivers its services at over 230 locations on five continents. It has 13.81 P/E ratio. The Firm operates through two divisions: Flight Support segment and Aftermarket Services segment.