Avation (AVAP) Earns “Buy” Rating from Canaccord Genuity
Avation (LON:AVAP)‘s stock had its “buy” rating reiterated by investment analysts at Canaccord Genuity in a research report issued to clients and investors on Monday. They presently have a GBX 300 ($4.04) target price on the stock. Canaccord Genuity’s target price suggests a potential upside of 36.05% from the company’s previous close.
Avation (LON:AVAP) traded up GBX 1.50 ($0.02) on Monday, reaching GBX 220.50 ($2.97). 600 shares of the company’s stock traded hands, compared to its average volume of 24,470. Avation has a fifty-two week low of GBX 183 ($2.46) and a fifty-two week high of GBX 250 ($3.36).
Avation Company Profile
Avation PLC is engaged in leasing of aircraft. The Company is a commercial passenger aircraft leasing group managing a fleet of 38 aircraft, which are leased to airlines globally. The Company’s segments include aircraft leasing and business procurement. The Company’s fleet includes Airbus A320 and A321 narrow body jets, ATR 72 twin engine turboprop aircraft and five older Fokker 100 jets.
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