Avation (LON:AVAP - Get Free Report) had its target price reduced by investment analysts at Canaccord Genuity Group from GBX 275 to GBX 250 in a note issued to investors on Thursday,London Stock Exchange reports. The brokerage presently has a "buy" rating on the stock. Canaccord Genuity Group's price objective indicates a potential upside of 53.37% from the company's current price.
Avation Stock Performance
Shares of AVAP opened at GBX 163 on Thursday. Avation has a 52 week low of GBX 126.50 and a 52 week high of GBX 192. The business's 50 day moving average price is GBX 160.76 and its 200-day moving average price is GBX 153.68. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 263.47. The stock has a market cap of £108.19 million, a P/E ratio of 394.58, a P/E/G ratio of -0.15 and a beta of 1.17.
Insider Transactions at Avation
In other Avation news, insider Mark Stephen Shelton purchased 1,340 shares of the business's stock in a transaction on Friday, July 4th. The stock was acquired at an average price of GBX 148 per share, for a total transaction of £1,983.20. Insiders own 21.09% of the company's stock.
About Avation
(
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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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