Avation (LON:AVAP) Earns “Buy” Rating from Canaccord Genuity Group

Avation (LON:AVAP)‘s stock had its “buy” rating reaffirmed by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Monday,London Stock Exchange reports. They currently have a GBX 270 price target on the stock. Canaccord Genuity Group’s target price suggests a potential upside of 100.74% from the stock’s current price.

Avation Price Performance

Shares of AVAP stock opened at GBX 134.50 on Monday. Avation has a 1 year low of GBX 122.44 and a 1 year high of GBX 170. The firm’s 50 day moving average is GBX 133.44 and its 200-day moving average is GBX 137.22. The firm has a market capitalization of £80.59 million, a price-to-earnings ratio of -6.72, a PEG ratio of -0.15 and a beta of 0.13. The company has a current ratio of 1.15, a quick ratio of 1.33 and a debt-to-equity ratio of 255.58.

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.