Today Jefferies Reaffirms a Buy Rating on BBA Aviation (LON:BBA) and a GBX 273 Target Price


BBA Aviation (LON:BBA) Rating Reaffirmed

Equity analysts at Jefferies now has a GBX 273 Estimated Target Price on BBA Aviation (LON:BBA). Jefferies and their recent Estimated Target Price would now indicate a potential upside of 53.28% from the company’s last price. The rating has been disclosed to clients in analysts report on Friday, 18 December.

From a total of 7 analysts covering BBA Aviation PLC (LON:BBA) stock, 0 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that NaN of the ratings are positive. The highest target price is GBX 4.15 while the lowest target price is GBX 2.74. The mean of all analyst targets is GBX 3.16 with a 39.05% above today’s (GBX 177.4) stock price. BBA Aviation PLC was the topic of 28 analyst reports since August 5, 2015 according to the firm StockzIntelligence Inc. RBC Capital Markets maintained shares on December 10 with “Sector Perform” rating. Jefferies maintained shares with “Buy” rating and GBX 280 target share price in a report from a November 12. J.P. Morgan maintained BBA stock in a recent report from December 9 with “Neutral” rating. UBS maintained the rating on October 9. UBS has a “Neutral” rating and a GBX 320 price target on shares. Finally, Liberum Capital maintained the stock with “Hold” rating in a report issued on a November 25.

Approximately 956,036 shares of stock traded hands. BBA Aviation plc (LON:BBA) has declined 26.99% since May 21, 2015 and is downtrending. It has underperformed by 23.18% the S&P500.

Today Jefferies Reaffirms a Buy Rating on BBA Aviation (LON:BBA) and a GBX 273 Target Price

BBA Aviation plc is a United Kingdom well-known provider of global aviation support and aftermarket services. The company has a market cap of 1.80 billion GBP. The Firm delivers its services at over 230 locations on five continents. It has 14.04 P/E ratio. The Firm operates through two divisions: Flight Support segment and Aftermarket Services segment.