Aercap Holdings N.V. (AER) : 10 analysts are covering Aercap Holdings N.V. (AER) and their average rating on the stock is 1.7, which is read as a Buy. 6 equity analysts believe that the stock has a bright future and the price doesnt capture all of its upside, hence they rate the stock as a Strong Buy. Aercap Holdings N.V. (AER) also receives 1 more Buy recommendations from analysts who believe that the stock will do well going forward. A Zacks Investment Research rank of 3, which recommends a Hold affirms that they expect a large upside in the stock from the current levels. A total of 3 brokerage firms believe that the stock is fairly valued, hence they advise a Hold on the stock.
Aercap Holdings N.V. (AER) : The consensus price target for Aercap Holdings N.V. (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. (NYSE:AER): During Wednesdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $32.20 and $31.66 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $32.91. The buying momentum continued till the end and the stock did not give up its gains. It closed at $32.74, notching a gain of 0.68% for the day. The total traded volume was 1,902,452 . The stock had closed at $32.52 on the previous day.
The company shares have dropped -26.67% from its 1 Year high price. On Aug 11, 2015, the shares registered one year high at $51.50 and the one year low was seen on Feb 9, 2016. The 50-Day Moving Average price is $37.10 and the 200 Day Moving Average price is recorded at $36.78.
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.