BBA Aviation plc (LON:BBA) shares hit a new 52-week high on Tuesday . The company traded as high as GBX 329.90 ($4.34) and last traded at GBX 328.20 ($4.32), with a volume of 2743110 shares. The stock had previously closed at GBX 328.20 ($4.32).
BBA has been the topic of a number of recent analyst reports. Liberum Capital reissued a “hold” rating and set a GBX 325 ($4.27) price target on shares of BBA Aviation plc in a research note on Tuesday. Investec reissued a “buy” rating and set a GBX 335 ($4.41) price target on shares of BBA Aviation plc in a research note on Wednesday, August 2nd. Finally, Barclays PLC reissued an “overweight” rating and set a GBX 340 ($4.47) price target on shares of BBA Aviation plc in a research note on Wednesday, August 2nd. Two analysts have rated the stock with a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of GBX 336.17 ($4.42).
About BBA Aviation plc
BBA Aviation plc is a provider of global aviation support and aftermarket services primarily focused on servicing the Business and General Aviation (B&GA) market. The Company operates through two divisions: Flight Support and Aftermarket Services. The Flight Support businesses include Signature Flight Support, which is a fixed base operation (FBO) network for B&GA covering destinations in North America, Europe, Caribbean, Africa and Asia.
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