Bba Aviation (LON:BBA) Rating Reaffirmed
London: In an analyst research report finalized on Thursday morning, JP Morgan Cazenove reconfirmed their Neutral rating on Bba Aviation (LON:BBA) shares. They now have a GBX 201.00 target PPS on the firm. JP Morgan Cazenove’s target could mean a potential upside of 16.32% from the company’s stock close price.
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 43.50% above today’s (GBX 171.9) 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 654,623 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 1.77 billion GBP. The Firm delivers its services at over 230 locations on five continents. It has 13.61 P/E ratio. The Firm operates through two divisions: Flight Support segment and Aftermarket Services segment.