Zacks Downgrades Aercap Holdings N.V. to Neutral (AER)
Aercap Holdings N.V. (NYSE:AER) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a report issued on Tuesday, Analyst RN reports. They currently have a $42.30 price target on the stock. Zacks‘ price target would suggest a potential upside of 9.16% from the company’s current price.
Shares of Aercap Holdings N.V. (NYSE:AER) traded up 1.05% during mid-day trading on Tuesday, hitting $39.155. 948,518 shares of the company’s stock traded hands. Aercap Holdings N.V. has a 52-week low of $14.84 and a 52-week high of $39.78. The stock’s 50-day moving average is $37.0 and its 200-day moving average is $24.91. The company has a market cap of $4.453 billion and a P/E ratio of 18.76.
A number of other firms have also recently commented on AER. Analysts at Cowen and Company raised their price target on shares of Aercap Holdings N.V. from $25.00 to $43.00 in a research note on Monday, January 13th. They now have an “outperform” rating on the stock. Separately, analysts at Deutsche Bank raised their price target on shares of Aercap Holdings N.V. to $40.00 in a research note on Tuesday, December 17th. Finally, 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 on Tuesday, December 17th. They now have an “outperform” rating on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company’s stock. Aercap Holdings N.V. has an average rating of “Buy” and a consensus price target of $31.53.
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.
To view Zacks’ full report, visit www.zacks.com
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.