Aercap Holdings N.V. (NYSE:AER) : Currently there are 9 street experts covering Aercap Holdings N.V. (NYSE:AER) stock. The most bullish and bearish price target for the stock is $70 and $43 respectively for the short term. The average price target of all the analysts comes to $53.22. The estimated standard deviation from the target is $9.22.
Other Equity analysts have also commented on the company shares. In the latest statement by the brokerage house, Citigroup maintains its outlook on Aercap Holdings N.V. (NYSE:AER). The current rating of the shares is Buy, according to the research report released by the firm. The brokerage firm raises the price target from $44 per share to $54 per share. The rating by the firm was issued on March 15, 2016.
Aercap Holdings N.V. (NYSE:AER): stock turned positive on Thursday. Though the stock opened at $38.6, the bulls momentum made the stock top out at $39 level for the day. The stock recorded a low of $38.255 and closed the trading day at $38.34, in the green by 0.63%. The total traded volume for the day was 2,302,316. The stock had closed at $38.1 in the previous days trading.
The company shares have dropped -19.33% from its 1 Year high price. On Aug 11, 2015, the shares registered one year high at $49.04 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $38.38 and the 200 Day Moving Average price is recorded at $37.27. On the companys insider trading activities, Jonkhart Marius, director of Aercap Holdings N.V. had purchased 5,000 shares on February 25, 2016 in a transaction. The price per share was $34.62 and the total amount of the disclosed transaction was $173,100.The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing. This information is based on open market transaction at the market prices.
AerCap Holdings N.V. is an independent aircraft leasing company. The Company is engaged in leasing, financing, sales and management of commercial aircraft and engines. The Company owns 1,132 aircraft, including 1,100 aircraft held for operating lease, 27 aircraft under finance and sales-type lease, four aircraft that met the criteria for being classified as held for sale and one aircraft under contract to be parted-out, but excluding three aircraft owned by AeroTurbine. The Company also managed 115 aircraft and AerDragon, a non-consolidated joint venture, owned or had on order another 32 aircraft. The Company also has 380 new aircraft on order. The Companys owned and managed aircraft are leased to over 200 commercial airline and cargo operator customers in approximately 90 countries. The Company offers aircraft services, including aircraft asset management, administrative services and cash management services.