Short Term Price Target on Aercap Holdings N.V. (AER)

Aercap Holdings N.V. (NYSE:AER) : The consensus price target for Aercap Holdings N.V. (NYSE:AER) is $53.22 for the short term with a standard deviation of $9.22. The most optimist securities analyst among the 9 who monitor the stock believes that the stock can reach $70, however, the pessimist price target for the company is $43.

AerCap Holdings N.V. has lost 12.39% in the last five trading days and dropped 13.47% in the last 4 weeks. AerCap Holdings N.V. has dropped 13.63% during the last 3-month period . Year-to-Date the stock performance stands at -22.17%.

Aercap Holdings N.V. (NYSE:AER) : 6 brokerage houses believe that Aercap Holdings N.V. (NYSE:AER) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 3 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Aercap Holdings N.V. (NYSE:AER). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 10 Wall Street Analysts endorse the stock as a Buy with a rating of 1.7.

Aercap Holdings N.V. (NYSE:AER): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $33.30 and $32.65 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $33.80. The buying momentum continued till the end and the stock did not give up its gains. It closed at $33.59, notching a gain of 1.11% for the day. The total traded volume was 4,105,964 . The stock had closed at $33.22 on the previous day.

In an insider trading activity, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the director of Aercap Holdings N.V., Jonkhart Marius, had purchased 5,000 shares in a transaction dated on February 25, 2016. The transaction was executed at $34.62 per share with total amount equaling $173,100.

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.

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