Citigroup Issues Positive Forecast for FTAI Aviation (NYSE:FTAI) Stock Price

FTAI Aviation (NYSE:FTAI) had its target price increased by Citigroup from $134.00 to $165.00 in a report published on Monday morning, Benzinga reports. Citigroup currently has a buy rating on the financial services provider’s stock.

A number of other equities analysts also recently issued reports on the stock. BTIG Research initiated coverage on shares of FTAI Aviation in a research note on Monday, August 26th. They set a “buy” rating and a $140.00 price objective on the stock. Deutsche Bank Aktiengesellschaft increased their target price on FTAI Aviation from $125.00 to $160.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Wolfe Research lowered FTAI Aviation from an “outperform” rating to a “peer perform” rating in a research report on Wednesday, July 10th. Stifel Nicolaus raised FTAI Aviation from a “hold” rating to a “buy” rating and raised their price objective for the company from $69.00 to $132.00 in a research report on Friday, July 26th. Finally, Benchmark lifted their target price on FTAI Aviation from $100.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, August 16th. Two equities research analysts have rated the stock with a sell rating, one has given a hold rating and ten have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $144.64.

FTAI Aviation Price Performance

Shares of FTAI Aviation stock opened at $145.30 on Monday. The stock has a market cap of $14.57 billion, a price-to-earnings ratio of 66.35 and a beta of 2.04. The firm’s 50-day moving average is $131.88 and its two-hundred day moving average is $105.59. FTAI Aviation has a 1 year low of $36.25 and a 1 year high of $149.74.

Institutional Investors Weigh In On FTAI Aviation

Large investors have recently modified their holdings of the business. Capital International Investors acquired a new stake in FTAI Aviation in the 1st quarter worth approximately $274,052,000. American Century Companies Inc. lifted its stake in shares of FTAI Aviation by 1,923.5% during the second quarter. American Century Companies Inc. now owns 972,806 shares of the financial services provider’s stock worth $100,423,000 after buying an additional 924,730 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in shares of FTAI Aviation by 1,488.2% during the first quarter. Price T Rowe Associates Inc. MD now owns 867,963 shares of the financial services provider’s stock valued at $58,415,000 after buying an additional 813,311 shares during the last quarter. International Assets Investment Management LLC increased its position in shares of FTAI Aviation by 14,553.9% in the 3rd quarter. International Assets Investment Management LLC now owns 564,028 shares of the financial services provider’s stock valued at $74,959,000 after acquiring an additional 560,179 shares during the period. Finally, Vanguard Group Inc. raised its stake in FTAI Aviation by 6.3% in the 1st quarter. Vanguard Group Inc. now owns 9,040,503 shares of the financial services provider’s stock worth $608,426,000 after acquiring an additional 533,381 shares during the last quarter. Hedge funds and other institutional investors own 88.96% of the company’s stock.

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.