BBA Aviation (LON:BBA): J.P. Morgan Sticks With “Neutral” Rating Today, Has a Target of GBX 201/Share


BBA Aviation (LON:BBA) Rating Reaffirmed

Expert analysts at J.P. Morgan now has a GBX 201 target on BBA Aviation (LON:BBA). J.P. Morgan and their recent target would now indicate a potential upside of 20.50% from the company’s previous stock close. The rating has been revealed in analysts report on Wednesday 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 4.19 while the lowest target price is GBX 2.78. The mean of all analyst targets is GBX 3.29 with a 50.86% above today’s (GBX 169.2) stock price. BBA Aviation PLC was the topic of 25 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. N+1 Singer maintained shares on December 3 with “Hold” rating. UBS maintained shares with “Neutral” rating and GBX 320 target share price in a report from an October 9. JP Morgan reinitiated BBA stock in a recent report from November 24 with “Neutral” rating. Societe Generale maintained the rating on October 1. Societe Generale has a “Hold” rating and a GBX 300 price target on shares. Finally, Jefferies maintained the stock with “Buy” rating in a report issued on a November 12.

Approximately 2.97M shares of stock traded hands or 28.57% up from the average. BBA Aviation plc (LON:BBA) has declined 28.63% since May 12, 2015 and is downtrending. It has underperformed by 27.84% the S&P500.

BBA Aviation (LON:BBA): J.P. Morgan Sticks With

BBA Aviation plc is a United Kingdom well-known provider of global aviation support and aftermarket services. The company has a market cap of 1.78 billion GBP. The Firm delivers its services at over 230 locations on five continents. It has 13.44 P/E ratio. The Firm operates through two divisions: Flight Support segment and Aftermarket Services segment.