Aircastle Limited (NYSE:AYR) has an average broker rating of 2.67, which is interpreted as a Hold, as rated by 9 equity analysts. Nonetheless, 3 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 3, which is also a Hold. 1 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company. 1 considers that the stock is a Sell.
Aircastle Limited (NYSE:AYR) stock is expected to deviate a maximum of $2.04 from the average target price of $22.86 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $25 and the most muted being $19.
Company shares have received an average consensus rating of Hold for the current week
Aircastle Limited (NYSE:AYR): On Tuesdays trading session , Opening price of the stock was $19.37 with an intraday high of $19.41. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $18.82. However, the stock managed to close at $18.84, a loss of 0.63% for the day. On the previous day, the stock had closed at $18.96. The total traded volume of the day was 761,005 shares.
In an insider trading activity, The Securities and Exchange Commission has divulged in a Form 4 filing that the director of Aircastle Ltd, Ueberroth Peter V had purchased shares worth of $399,800 in a transaction dated on December 15, 2015. A total of 20,000 shares were purchased at a price of $19.99 per share. The information is based on open market trades at the market prices.Option exercises are not covered.
Aircastle Limited (Aircastle) is a holding company. The Company, through its subsidiaries, is engaged in acquiring, leasing and selling commercial jet aircrafts. As of December 31, 2014, the Companys aircraft portfolio consisted of 148 aircraft leased to 54 lessees located in about 34 countries. The Company manages its aircraft fleet through offices in the United States, Ireland and Singapore. It also makes investments in other aviation assets, including debt investments secured by commercial jet aircraft. The Company offers passenger aircraft, including narrowbody, midbody and widebody, and freighter aircrafts. The Company has operations in Europe, Asia and Pacific, North America, South America and Middle East and Africa. As of December 31, 2014, its customers include Martinair (including its affiliate Transavia), LATAM Airlines Group S.A. and South African Airways Pty. Ltd.