AerCap Holdings Reaches New 1-Year High at $49.07 (AER)
AerCap Holdings (NYSE:AER) shares hit a new 52-week high during mid-day trading on Monday , AnalystRatings.NET reports. The company traded as high as $49.07 and last traded at $48.73, with a volume of 772,168 shares traded. The stock had previously closed at $47.05.
A number of research firms have recently commented on AER. Analysts at Barclays reiterated an “equal weight” rating on shares of AerCap Holdings in a research note on Friday. They now have a $53.00 price target on the stock, up previously from $24.00. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of AerCap Holdings in a research note on Wednesday, August 13th. They now have a $60.00 price target on the stock, up previously from $52.00. Finally, analysts at Evercore Partners reiterated an “overweight” rating on shares of AerCap Holdings in a research note on Wednesday, August 13th. They now have a $53.00 price target on the stock, up previously from $51.00. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating and six have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $50.56.
The stock’s 50-day moving average is $45.01 and its 200-day moving average is $43.14. The company has a market cap of $10.389 billion and a price-to-earnings ratio of 17.71.
AerCap Holdings (NYSE:AER) last announced its earnings results on Tuesday, August 12th. The company reported $1.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.77 by $0.43. On average, analysts predict that AerCap Holdings will post $4.39 earnings per share for the current fiscal year.
AerCap Holdings NV 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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