BBA Aviation PLC (LON:BBA) Rating Reaffirmed
Research analysts at JP Morgan Cazenove now has a GBX 201.00 target price on BBA Aviation PLC (LON:BBA). JP Morgan Cazenove and their recent target price indicates a potential upside of 18.06% from the company’s last close price. The rating has been released in a very recent research note on Thursday morning.
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 4.2 while the lowest target price is GBX 2.79. The mean of all analyst targets is GBX 3.25 with a 44.50% above today’s (GBX 170.7) stock price. BBA Aviation PLC was the topic of 27 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. JP Morgan maintained shares on December 10 with “Neutral” rating. Jefferies maintained shares with “Buy” rating and GBX 280 target share price in a report from a November 12. N+1 Singer maintained BBA stock in a recent report from December 3 with “Hold” rating. UBS maintained the rating on October 9. UBS has a “Neutral” rating and a GBX 320 price target on shares. Finally, RBC Capital Markets maintained the stock with “Sector Perform” rating in a report issued on a November 24.
Approximately 138,406 shares of stock traded hands. BBA Aviation plc (LON:BBA) has declined 28.64% since May 13, 2015 and is downtrending. It has underperformed by 26.70% 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 1.76 billion GBP. The Firm delivers its services at over 230 locations on five continents. It has 13.52 P/E ratio. The Firm operates through two divisions: Flight Support segment and Aftermarket Services segment.