Liberum Capital Initiates Coverage on Air Partner plc (AIP)
Investment analysts at Liberum Capital started coverage on shares of Air Partner plc (LON:AIP) in a note issued to investors on Wednesday, Analyst Ratings Network reports. The firm set a “buy” rating and a GBX 555 ($8.90) price target on the stock. Liberum Capital’s target price would indicate a potential upside of 21.54% from the company’s current price.
Shares of Air Partner plc (LON:AIP) traded down 4.92% during mid-day trading on Wednesday, hitting GBX 446.89. The stock had a trading volume of 28,504 shares. Air Partner plc has a one year low of GBX 254.968 and a one year high of GBX 495.00. The stock has a 50-day moving average of GBX 429.5 and a 200-day moving average of GBX 372.8. The company’s market cap is £45.9 million.
Air Partner plc is a United Kingdom-based aviation company. The Company is engaged in providing aircraft charter brokering and other private aviation services to a range of clients.
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