BBA Aviation (LON:BBA) had its price target upped by Berenberg Bank from GBX 300 ($3.92) to GBX 330 ($4.31) in a report published on Monday, Digital Look reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also recently commented on the company. Liberum Capital restated a buy rating on shares of BBA Aviation in a research note on Friday, May 10th. JPMorgan Chase & Co. decreased their price target on BBA Aviation from GBX 354 ($4.63) to GBX 338 ($4.42) and set an overweight rating on the stock in a research note on Friday, March 8th. Finally, Barclays restated an overweight rating and set a GBX 350 ($4.57) price target on shares of BBA Aviation in a research note on Friday, June 21st. Six research analysts have rated the stock with a buy rating, The stock presently has an average rating of Buy and an average target price of GBX 345.50 ($4.51).
LON:BBA opened at GBX 272 ($3.55) on Monday. The company has a quick ratio of 0.57, a current ratio of 1.38 and a debt-to-equity ratio of 74.19. The stock’s fifty day moving average price is GBX 266.16. BBA Aviation has a 52 week low of GBX 207 ($2.70) and a 52 week high of GBX 354 ($4.63). The firm has a market capitalization of $2.80 billion and a PE ratio of 20.61.
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 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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