Aercap Holdings N.V. PT Raised to $43.00 (AER)
Cowen and Company hoisted their price objective on shares of Aercap Holdings N.V. (NYSE:AER) from $25.00 to $43.00 in a research note issued on Monday, AnalystRatingsNetwork.com reports. The firm currently has an “outperform” rating on the stock. Cowen and Company’s price objective would suggest a potential upside of 19.28% from the stock’s previous close.
Aercap Holdings N.V. (NYSE:AER) traded down 0.58% on Monday, hitting $35.8401. The stock had a trading volume of 293,394 shares. Aercap Holdings N.V. has a 52 week low of $14.31 and a 52 week high of $39.10. The stock has a 50-day moving average of $29.85 and a 200-day moving average of $21.53. The company has a market cap of $4.076 billion and a P/E ratio of 17.45.
Aercap Holdings N.V. (NYSE:AER) last issued its quarterly earnings data on Monday, November 4th. The company reported $0.79 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.62 by $0.17. The company had revenue of $279.30 million for the quarter, compared to the consensus estimate of $257.49 million. During the same quarter in the previous year, the company posted $0.48 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. On average, analysts predict that Aercap Holdings N.V. will post $2.64 earnings per share 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. to $40.00 in a research note to investors on Tuesday, December 17th. Separately, analysts at FBR Capital Markets raised their price target on shares of Aercap Holdings N.V. from $22.00 to $40.00 in a research note to investors on Tuesday, December 17th. They now have an “outperform” rating on the stock. Finally, analysts at Zacks upgraded shares of Aercap Holdings N.V. from a “neutral” rating to an “outperform” rating in a research note to investors on Thursday, November 7th. They now have a $23.20 price target on the stock. One analyst has rated the stock with a sell rating, one has given a hold rating and seven have issued a buy rating to the company. Aercap Holdings N.V. currently has an average rating of “Buy” and a consensus price target of $29.62.
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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