BBA Aviation (BBA) Receives Overweight Rating from JPMorgan Chase & Co.

JPMorgan Chase & Co. reissued their overweight rating on shares of BBA Aviation (LON:BBA) in a research note issued to investors on Monday. The firm currently has a GBX 354 ($4.63) price objective on the stock.

A number of other research firms have also recently issued reports on BBA. Liberum Capital restated a buy rating on shares of BBA Aviation in a report on Wednesday, October 3rd. Citigroup restated a buy rating and set a GBX 400 ($5.23) price target on shares of BBA Aviation in a report on Wednesday, September 19th. Finally, Berenberg Bank initiated coverage on BBA Aviation in a report on Monday, September 3rd. They set a buy rating and a GBX 370 ($4.83) price target on the stock. One research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. BBA Aviation has a consensus rating of Buy and a consensus target price of GBX 365.67 ($4.78).

Shares of BBA stock opened at GBX 237 ($3.10) on Monday. BBA Aviation has a one year low of GBX 290 ($3.79) and a one year high of GBX 370.40 ($4.84).

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.

Further Reading: Candlestick

Analyst Recommendations for BBA Aviation (LON:BBA)

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