Aercap Holdings N.V. (AER) has been under a strong bear grip, hence the stock is down -4.61% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 2.01% in the past 1 week. The stock has risen by 2.18% in the past week indicating that the buyers are active at lower levels, but the stock is down -5.13% in the past 4 weeks.
The stock has recorded a 20-day Moving Average of 1.24% and the 50-Day Moving Average is 0.49%.The 200 Day SMA reached 3.52%
Aercap Holdings N.V. (NYSE:AER): After opening at $38.12, the stock dipped to an intraday low of $37.825 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $38.63 and the buying power remained strong till the end. The stock closed at $38.49 for the day, a gain of 1.93% for the day session. The total traded volume was 2,192,246. The stocks close on the previous trading day was $38.49.
Aercap Holdings N.V. (AER) : The consensus price target for Aercap Holdings N.V. (AER) is $54 for the short term with a standard deviation of $12.03. The most optimist securities analyst among the 7 who monitor the stock believes that the stock can reach $74, however, the pessimist price target for the company is $40.
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.