BBA Aviation plc (LON:BBA) Receives GBX 342.50 Average PT from Brokerages
Shares of BBA Aviation plc (LON:BBA) have received an average recommendation of “Buy” from the six analysts that are presently covering the firm, MarketBeat.com reports. Six equities research analysts have rated the stock with a buy rating. The average 1 year target price among brokerages that have covered the stock in the last year is GBX 342.50 ($4.48).
Several brokerages have issued reports on BBA. JPMorgan Chase & Co. reaffirmed a “neutral” rating on shares of Anglo American in a report on Wednesday, May 15th. Barclays increased their price objective on shares of from GBX 200 ($2.61) to GBX 210 ($2.74) and gave the stock an “equal weight” rating in a research report on Friday, June 21st. Liberum Capital reaffirmed a “hold” rating on shares of Daily Mail and General Trust P L C in a report on Tuesday, July 2nd. Finally, Berenberg Bank set a €47.00 ($54.65) price objective on shares of Deutsche Wohnen and gave the company a “buy” rating in a research note on Monday, June 24th.
LON BBA traded up GBX 1.60 ($0.02) during trading on Friday, reaching GBX 281.80 ($3.68). The company’s stock had a trading volume of 1,335,952 shares, compared to its average volume of 2,270,000. The company has a current ratio of 1.38, a quick ratio of 0.57 and a debt-to-equity ratio of 74.19. The firm has a market capitalization of $2.90 billion and a price-to-earnings ratio of 21.35. BBA Aviation has a twelve month low of GBX 207 ($2.70) and a twelve month high of GBX 354 ($4.63). The business’s fifty day moving average is GBX 270.96.
BBA Aviation plc provides aviation support and aftermarket services to the business and general aviation (B&GA) markets in the United Kingdom, Mainland Europe, North America, and internationally. It operates through Signature and Ontic segments. The company operates Signature Flight Support, a fixed base operation network that offers service support for B&GA travel, including fueling, ground handling, passenger and pilot services, and amenities; hangarage for overnight parking and home based aircraft storage; technical support, line and heavy maintenance, inspection, and aircraft on ground (AoG) services through Signature TECHNICAir; Signature ELITE class that provides Signature service and accommodation to commercial travelers; and aircraft management and charter services through Gama Aviation Signature Aircraft Management for passengers, operators, and pilots of the B&GA fleet.
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