FTAI Aviation Ltd. (NYSE:FTAI) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of FTAI Aviation Ltd. (NYSE:FTAI) have been assigned a consensus recommendation of “Moderate Buy” from the twelve analysts that are currently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has given a hold recommendation and ten have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $138.64.

FTAI has been the subject of a number of research analyst reports. JMP Securities lifted their target price on shares of FTAI Aviation from $90.00 to $132.00 and gave the company a “market outperform” rating in a research note on Thursday, July 25th. BTIG Research started coverage on FTAI Aviation in a research report on Monday, August 26th. They issued a “buy” rating and a $140.00 price objective for the company. Deutsche Bank Aktiengesellschaft increased their target price on FTAI Aviation from $125.00 to $160.00 and gave the stock a “buy” rating in a report on Tuesday, October 22nd. StockNews.com raised FTAI Aviation to a “sell” rating in a report on Friday, August 2nd. Finally, Compass Point increased their price objective on shares of FTAI Aviation from $118.00 to $156.00 and gave the stock a “buy” rating in a report on Friday, September 27th.

FTAI Aviation Stock Up 0.7 %

Shares of FTAI Aviation stock opened at $144.24 on Wednesday. FTAI Aviation has a 12-month low of $34.63 and a 12-month high of $149.74. The stock has a market capitalization of $14.74 billion, a P/E ratio of -272.15 and a beta of 2.04. The company has a 50-day simple moving average of $130.23 and a 200 day simple moving average of $104.30.

Hedge Funds Weigh In On FTAI Aviation

Several large investors have recently bought and sold shares of the business. Vanguard Group Inc. boosted its holdings in FTAI Aviation by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 8,507,122 shares of the financial services provider’s stock worth $394,730,000 after buying an additional 84,611 shares during the last quarter. Global Assets Advisory LLC bought a new position in FTAI Aviation during the 1st quarter worth approximately $1,556,000. Harbour Capital Advisors LLC acquired a new position in FTAI Aviation during the first quarter valued at approximately $278,000. Blue Zone Wealth Advisors LLC bought a new stake in FTAI Aviation in the first quarter valued at approximately $236,000. Finally, Allspring Global Investments Holdings LLC raised its holdings in FTAI Aviation by 10.9% in the first quarter. Allspring Global Investments Holdings LLC now owns 19,942 shares of the financial services provider’s stock worth $1,342,000 after purchasing an additional 1,958 shares during the period. 88.96% of the stock is currently owned by institutional investors and hedge funds.

FTAI Aviation Company Profile

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.