Canaccord Genuity Group Reiterates “Buy” Rating for Avation (LON:AVAP)

Avation (LON:AVAPGet Free Report)‘s stock had its “buy” rating restated by equities researchers at Canaccord Genuity Group in a report released on Wednesday,Digital Look reports. They presently have a GBX 270 price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 102.25% from the stock’s previous close.

Avation Stock Down 1.5%

LON:AVAP traded down GBX 2 on Wednesday, hitting GBX 133.50. 396,491 shares of the company’s stock were exchanged, compared to its average volume of 190,598. The firm has a 50-day moving average price of GBX 135.29 and a 200-day moving average price of GBX 136.34. Avation has a 52 week low of GBX 122.44 and a 52 week high of GBX 170. The company has a debt-to-equity ratio of 255.58, a current ratio of 1.15 and a quick ratio of 1.33. The company has a market cap of £80.01 million, a P/E ratio of -6.67, a price-to-earnings-growth ratio of -0.15 and a beta of 0.12.

About Avation

(Get Free Report)

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

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