Canaccord Genuity Group Cuts Avation (LON:AVAP) Price Target to GBX 250

Avation (LON:AVAP) had its price target cut by Canaccord Genuity Group from GBX 275 to GBX 250 in a research report sent to investors on Thursday, Marketbeat.com reports. They currently have a buy rating on the stock.

Avation Stock Down 1.2%

Shares of AVAP opened at GBX 163.50 on Thursday. The company has a market capitalization of £108.52 million, a price-to-earnings ratio of 395.79, a PEG ratio of -0.15 and a beta of 1.17. Avation has a 52 week low of GBX 126.50 and a 52 week high of GBX 192. The stock’s 50-day moving average price is GBX 160.89 and its 200-day moving average price is GBX 153.89. The company has a quick ratio of 1.33, a current ratio of 1.39 and a debt-to-equity ratio of 263.47.

Avation Company Profile

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