Deutsche Bank Aktiengesellschaft Boosts FTAI Aviation (NYSE:FTAI) Price Target to $160.00

FTAI Aviation (NYSE:FTAI) had its price objective increased by investment analysts at Deutsche Bank Aktiengesellschaft from $125.00 to $160.00 in a note issued to investors on Tuesday, Benzinga reports. The brokerage presently has a “buy” rating on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential upside of 12.39% from the company’s previous close.

A number of other brokerages have also weighed in on FTAI. Barclays raised their target price on FTAI Aviation from $80.00 to $110.00 and gave the company an “overweight” rating in a research note on Thursday, August 8th. JMP Securities lifted their price objective on FTAI Aviation from $90.00 to $132.00 and gave the stock a “market outperform” rating in a research report on Thursday, July 25th. BTIG Research began 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. Jefferies Financial Group lifted their price objective on FTAI Aviation from $140.00 to $155.00 and gave the stock a “buy” rating in a research report on Monday, September 30th. Finally, Compass Point lifted their price objective on FTAI Aviation from $118.00 to $156.00 and gave the stock a “buy” rating in a research report on Friday, September 27th. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and ten have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $138.64.

FTAI Aviation Price Performance

FTAI Aviation stock opened at $142.36 on Tuesday. The stock has a fifty day moving average price of $126.65 and a two-hundred day moving average price of $101.80. FTAI Aviation has a 52-week low of $32.66 and a 52-week high of $149.74. The firm has a market capitalization of $14.27 billion, a P/E ratio of 65.00 and a beta of 2.04.

FTAI Aviation (NYSE:FTAI) last announced its earnings results on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share for the quarter, missing analysts’ consensus estimates of $0.40 by ($0.14). FTAI Aviation had a negative net margin of 1.50% and a positive return on equity of 180.68%. The business had revenue of $443.59 million during the quarter, compared to analyst estimates of $361.92 million. On average, equities research analysts predict that FTAI Aviation will post 2.13 EPS for the current fiscal year.

Hedge Funds Weigh In On FTAI Aviation

Institutional investors have recently modified their holdings of the business. Foundations Investment Advisors LLC increased its position in shares of FTAI Aviation by 5.8% during the 3rd quarter. Foundations Investment Advisors LLC now owns 2,645 shares of the financial services provider’s stock worth $352,000 after purchasing an additional 145 shares during the last quarter. Net Worth Advisory Group bought a new position in FTAI Aviation during the 3rd quarter worth $269,000. nVerses Capital LLC bought a new position in FTAI Aviation during the 3rd quarter worth $492,000. Leisure Capital Management bought a new position in FTAI Aviation during the 3rd quarter worth $244,000. Finally, SeaCrest Wealth Management LLC grew its holdings in shares of FTAI Aviation by 27.3% during the 3rd quarter. SeaCrest Wealth Management LLC now owns 3,702 shares of the financial services provider’s stock worth $492,000 after purchasing an additional 795 shares in the last quarter. 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.