Barclays Increases Aercap Holdings N.V. Price Target to $24.00 (AER)
Analysts at Barclays increased their price target on shares of Aercap Holdings N.V. (NYSE:AER) from $21.00 to $24.00 in a research report issued to clients and investors on Wednesday, Analyst Ratings Net reports. The firm currently has an “equal weight” rating on the stock. Barclays’ price objective would suggest a potential upside of 18.46% from the company’s current price.
Aercap Holdings N.V. (NYSE:AER) traded down 0.15% during mid-day trading on Wednesday, hitting $20.26. The stock had a trading volume of 196,618 shares. Aercap Holdings N.V. has a 1-year low of $12.31 and a 1-year high of $21.16. The stock has a 50-day moving average of $19.80 and a 200-day moving average of $17.84. The company has a market cap of $2.297 billion and a price-to-earnings ratio of 11.39.
Aercap Holdings N.V. (NYSE:AER) last issued its quarterly earnings data on Tuesday, August 6th. The company reported $0.59 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.54 by $0.05. The company had revenue of $247.00 million for the quarter, compared to the consensus estimate of $241.72 million. During the same quarter last year, the company posted $0.43 earnings per share. Aercap Holdings N.V.’s revenue was down 2.3% compared to the same quarter last year. Analysts expect that Aercap Holdings N.V. will post $2.41 EPS for the current fiscal year.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank raised their price target on shares of Aercap Holdings N.V. from $15.00 to $19.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock. Separately, analysts at RBC Capital initiated coverage on shares of Aercap Holdings N.V. in a research note to investors on Friday, August 16th. They set an “outperform” rating and a $28.00 price target on the stock. Finally, analysts at FBR Capital Markets raised their price target on shares of Aercap Holdings N.V. from $19.00 to $22.00 in a research note to investors on Wednesday, August 7th. They now have an “outperform” rating on the stock. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and an average target price of $22.52.
AerCap Holdings N.V. is an integrated global aviation company. The Company is engaged in the business of acquiring aviation assets and leasing the assets to suitable lessees, and manage the funding and other lease related costs.
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