FBR Capital Markets Increases AerCap Holdings Price Target to $48.00 (AER)
Analysts at FBR Capital Markets upped their price objective on shares of AerCap Holdings (NYSE:AER) from $40.00 to $48.00 in a research report issued to clients and investors on Friday, Analyst Ratings Net reports. The firm currently has an “outperform” rating on the stock. FBR Capital Markets’ price objective points to a potential upside of 15.91% from the company’s current price.
AerCap Holdings (NYSE:AER) opened at 41.41 on Friday. AerCap Holdings has a 52-week low of $14.84 and a 52-week 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 posted its quarterly earnings results on Thursday, February 20th. The company reported $0.66 earnings per share for the quarter, missing the analysts’ 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. On average, analysts predict that AerCap Holdings will post $3.32 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Credit Suisse raised their price target on shares of AerCap Holdings from $40.00 to $46.00 in a research note on Friday. Separately, 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. Finally, 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. One equities research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company’s stock. The stock 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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