Credit Suisse Increases AerCap Holdings Price Target to $46.00 (AER)
Investment analysts at Credit Suisse upped their price objective on shares of AerCap Holdings (NYSE:AER) from $40.00 to $46.00 in a note issued to investors on Friday, American Banking & Market News reports. Credit Suisse’s price target indicates a potential upside of 11.08% from the stock’s previous close.
Shares of AerCap Holdings (NYSE:AER) opened at 41.41 on Friday. AerCap Holdings has a 1-year low of $14.84 and a 1-year high of $41.55. The stock has a 50-day moving average of $37.22 and a 200-day moving average of $25.61. The company has a market cap of $4.709 billion and a price-to-earnings ratio of 19.17.
AerCap Holdings (NYSE:AER) last issued its quarterly earnings data on Thursday, February 20th. The company reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.67 by $0.01. The company had revenue of $277.80 million for the quarter, compared to the consensus estimate of $265.70 million. Analysts expect that AerCap Holdings will post $3.32 EPS for the current fiscal year.
A number of other analysts have also recently weighed in on AER. Analysts at Zacks downgraded shares of AerCap Holdings from an “outperform” rating to a “neutral” rating in a research note on Tuesday. They now have a $42.30 price target on the stock. Separately, analysts at Cowen and Company raised their price target on shares of AerCap Holdings from $25.00 to $43.00 in a research note on Monday, January 13th. They now have an “outperform” rating on the stock. Finally, analysts at Deutsche Bank raised their price target on shares of AerCap Holdings to $40.00 in a research note on Tuesday, December 17th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average target price of $36.79.
AerCap Holdings N.V. is an integrated global aviation company. The Company is engaged in the business of acquiring aviation assets at attractive prices, lease the assets to suitable lessees, and manage the funding and other lease related costs efficiently.
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