Avation (LON:AVAP) Stock Gets Price Target Bump from Canaccord Genuity Group

Avation (LON:AVAP) had its price target boosted by equities research analysts at Canaccord Genuity Group from GBX 270 to GBX 310 in a note issued to investors on Wednesday, Digital Look reports. The firm currently has a “buy” rating on the stock. Canaccord Genuity Group’s price target suggests a potential upside of 119.86% from the company’s current price.

Avation Stock Up 0.7%

AVAP stock opened at GBX 141 on Wednesday. The firm has a 50-day moving average price of GBX 138.21 and a 200-day moving average price of GBX 135.40. Avation has a 12 month low of GBX 121 and a 12 month high of GBX 167.30. The company has a current ratio of 1.15, a quick ratio of 1.33 and a debt-to-equity ratio of 255.58. The stock has a market capitalization of £83.71 million, a P/E ratio of -7.05, a price-to-earnings-growth ratio of -0.15 and a beta of 0.12.

About Avation

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