Avation’s (AVAP) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Avation (LON:AVAP)‘s stock had its “buy” rating reiterated by research analysts at Canaccord Genuity Group in a report issued on Friday,London Stock Exchange reports. They presently have a GBX 270 price target on the stock. Canaccord Genuity Group’s target price would suggest a potential upside of 95.44% from the company’s previous close.

Avation Stock Up 0.8%

LON:AVAP opened at GBX 138.15 on Friday. The company has a market cap of £82.79 million, a price-to-earnings ratio of -6.90, a P/E/G ratio of -0.15 and a beta of 0.12. The company has a debt-to-equity ratio of 255.58, a quick ratio of 1.33 and a current ratio of 1.15. The stock’s fifty day moving average price is GBX 135.51 and its two-hundred day moving average price is GBX 136.23. Avation has a 52-week low of GBX 122.44 and a 52-week high of GBX 170.

Avation Company Profile

Avation PLC is a specialist commercial passenger aircraft leasing company owning a fleet of commercial aircraft which it leases to airlines across the world.