From MarketBeat:

FTAI Aviation upgraded by investment analysts at StockNews.com from a “sell” rating to a “hold” rating. The stock has a consensus rating of “Moderate Buy” and a consensus target price of $39.06. The company has a one year low of $16.19 and a one year high of $47.93.

FTAI traded down $0.41 during trading on Wednesday, hitting $46.90. The company has a 50 day moving average price of $41.25 and a 200-day moving average price of $36.29. The firm has a market cap of $4.70 billion, a price-to-earnings ratio of 38.76 and a beta of 1.82.

FTAI Aviation last announced its quarterly earnings data on Wednesday, October 25th. The financial services provider reported $0.33 earnings per share for the quarter, missing the consensus estimate of $0.38. As a group, sell-side analysts predict that FTAI Aviation to post 1.41 EPS for the current fiscal year.

Institutional investors including BlackRock Inc., FMR LLC, Frontier Capital Management Co. LLC, Ameriprise Financial Inc., and State Street Corp own 90.95% of the company’s stock.

FTAI Aviation Ltd. owns and acquires infrastructure and related 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.



Read more: FTAI Aviation (NYSE:FTAI) Lifted to Hold at StockNews.com