Brokerages Set BBA Aviation plc (BBA) Target Price at $360.00

Shares of BBA Aviation plc (LON:BBA) have been assigned a consensus rating of “Buy” from the eight analysts that are presently covering the company, MarketBeat.com reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 360 ($4.69).

BBA has been the topic of a number of research reports. Liberum Capital reaffirmed a “buy” rating on shares of BBA Aviation in a research note on Wednesday, October 3rd. Citigroup reaffirmed a “buy” rating and issued a GBX 400 ($5.21) price target on shares of BBA Aviation in a research note on Wednesday, September 19th. Berenberg Bank initiated coverage on shares of BBA Aviation in a research note on Monday, September 3rd. They issued a “buy” rating and a GBX 370 ($4.82) price target on the stock. Finally, Barclays cut their price target on shares of BBA Aviation from GBX 382 ($4.98) to GBX 370 ($4.82) and set an “overweight” rating on the stock in a research note on Thursday, August 2nd.

Shares of BBA opened at GBX 281.40 ($3.67) on Friday. BBA Aviation has a twelve month low of GBX 290 ($3.78) and a twelve month high of GBX 370.40 ($4.82).

The firm also recently disclosed a dividend, which will be paid on Friday, November 2nd. Stockholders of record on Thursday, September 13th will be given a $0.04 dividend. This represents a dividend yield of 1.01%. The ex-dividend date is Thursday, September 13th.

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 shares were acquired at an average price of GBX 305 ($3.97) per share, with a total value 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: Understanding Compound Annual Growth Rate (CAGR)

Analyst Recommendations for BBA Aviation (LON:BBA)

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.

Leave a Reply