Other analysts have also recently issued reports about the company. Citigroup restated a buy rating and issued a GBX 400 ($5.21) price objective on shares of BBA Aviation in a research report on Wednesday, September 19th. Berenberg Bank started coverage on BBA Aviation in a research report on Monday, September 3rd. They issued a buy rating and a GBX 370 ($4.82) price objective for the company. Finally, Barclays cut their price objective on BBA Aviation from GBX 382 ($4.98) to GBX 370 ($4.82) and set an overweight rating for the company in a research report on Thursday, August 2nd. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. The company currently has an average rating of Buy and an average target price of GBX 365 ($4.75).
BBA Aviation stock opened at GBX 296.40 ($3.86) on Monday. BBA Aviation has a 12 month low of GBX 290 ($3.78) and a 12 month high of GBX 370.40 ($4.82).
In other BBA Aviation news, insider Mark Johnstone acquired 13,251 shares of the business’s stock in a transaction dated Monday, August 6th. The stock was acquired at an average cost of GBX 305 ($3.97) per share, for a total transaction of £40,415.55 ($52,644.98).
About BBA Aviation
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 Flight Support and Aftermarket Services 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 resting and at home aircraft; technical support, line maintenance, and aircraft on ground services through Signature TECHNICAir; and aircraft management and charter services through Gama Aviation Signature Aircraft Management partnership to the passengers, operators, and pilots of the B&GA fleet.
Featured Article: Risk Tolerance
Receive News & Ratings for BBA Aviation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BBA Aviation and related companies with MarketBeat.com's FREE daily email newsletter.