Zacks Investment Research Upgrades BBA Aviation (BBAVY) to “Hold”

BBA Aviation (OTCMKTS:BBAVY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Wednesday.

According to Zacks, “BBA Aviation plc is a provider of aviation support and aftermarket services. Its flight support services include refueling, cargo handling, ground handling and other services and aftermarket services and systems activities include overhaul of jet engines, supply of aircraft parts, design, manufacture and overhaul of landing gear, aircraft hydraulics and other aircraft equipment. BBA Aviation plc is headquartered in London, the United Kingdom. “

Separately, Investec lowered BBA Aviation from a “buy” rating to a “hold” rating in a report on Friday, March 2nd.

OTCMKTS BBAVY opened at $22.33 on Wednesday. BBA Aviation has a fifty-two week low of $19.14 and a fifty-two week high of $26.44. The company has a debt-to-equity ratio of 0.62, a quick ratio of 0.69 and a current ratio of 1.05. The stock has a market cap of $4.61 billion, a price-to-earnings ratio of 19.17, a P/E/G ratio of 2.64 and a beta of 1.71.

BBA Aviation Company Profile

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.

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