Aercap Holdings N.V. (AER) has risen sharply, recording gains of 6.82% in the past 4 weeks. However, the stock has corrected -0.38% in the past 1 week, providing a good buying opportunity on dips. Aercap Holdings N.V. (AER) : Traders are bullish on Aercap Holdings N.V. (AER) as it has outperformed the S&P 500 by a wide margin of 7.04% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 0.28%, relative to the S&P 500.
For the current week, the company shares have a recommendation consensus of Buy. The stock has recorded a twenty day Moving Average of 2.86% and the fifty day Moving Average is 6.55%. AerCap Holdings N.V. is up 0.41% in the last three month period. Year-to-Date the stock performance stands at -9.64%.
Aercap Holdings N.V. (AER) has been rated by 7 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $74 and the lowest price target forecast is $40. The average forecast of all the analysts is $54 and the expected standard deviation is $12.03.
Aercap Holdings N.V. (NYSE:AER): On Fridays trading session , Opening price of the stock was $39.16 with an intraday high of $39.91. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $38.81. However, the stock managed to close at $39, a loss of 0.15% for the day. On the previous day, the stock had closed at $39.06. The total traded volume of the day was 1,168,291 shares.
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.