FTAI Aviation (NYSE:FTAI) Given New $160.00 Price Target at Deutsche Bank Aktiengesellschaft

FTAI Aviation (NYSE:FTAI) had its price objective boosted by Deutsche Bank Aktiengesellschaft from $125.00 to $160.00 in a research note issued to investors on Tuesday morning, Benzinga reports. They currently have a buy rating on the financial services provider’s stock.

FTAI has been the topic of a number of other research reports. Compass Point raised their price target on FTAI Aviation from $118.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, September 27th. Benchmark raised their price target on FTAI Aviation from $100.00 to $150.00 and gave the stock a “buy” rating in a report on Friday, August 16th. BTIG Research began coverage on FTAI Aviation in a report on Monday, August 26th. They set a “buy” rating and a $140.00 price target on the stock. Morgan Stanley reaffirmed an “underperform” rating on shares of FTAI Aviation in a report on Friday. Finally, Jefferies Financial Group lifted their price objective on FTAI Aviation from $140.00 to $155.00 and gave the company a “buy” rating in a report on Monday, September 30th. Two analysts have rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat.com, FTAI Aviation currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.64.

FTAI Aviation Stock Down 1.5 %

NYSE FTAI opened at $140.23 on Tuesday. FTAI Aviation has a 52-week low of $32.66 and a 52-week high of $149.74. The business’s 50-day moving average price is $127.43 and its 200 day moving average price is $102.31. The firm has a market cap of $14.06 billion, a P/E ratio of 64.03 and a beta of 2.04.

FTAI Aviation (NYSE:FTAI) last released its quarterly earnings results on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). FTAI Aviation had a positive return on equity of 180.68% and a negative net margin of 1.50%. The company had revenue of $443.59 million for the quarter, compared to analysts’ expectations of $361.92 million. As a group, analysts anticipate that FTAI Aviation will post 2.13 earnings per share for the current year.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Arcadia Investment Management Corp MI acquired a new position in shares of FTAI Aviation during the 2nd quarter worth approximately $33,000. Ridgewood Investments LLC acquired a new position in FTAI Aviation in the 2nd quarter valued at $59,000. Leisure Capital Management acquired a new position in FTAI Aviation in the 3rd quarter valued at $244,000. RiverPark Advisors LLC acquired a new position in FTAI Aviation in the 2nd quarter valued at $202,000. Finally, Profund Advisors LLC acquired a new position in FTAI Aviation in the 2nd quarter valued at $205,000. 88.96% of the stock is currently owned by institutional investors and hedge funds.

About FTAI Aviation

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.