Brokerages Set FTAI Aviation Ltd. (NASDAQ:FTAI) Target Price at $274.50

Shares of FTAI Aviation Ltd. (NASDAQ:FTAI) have been assigned a consensus rating of “Moderate Buy” from the thirteen analysts that are currently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and eleven have issued a buy recommendation on the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $274.50.

Several research analysts have recently weighed in on FTAI shares. Zacks Research upgraded shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Friday, January 9th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $350.00 target price on shares of FTAI Aviation in a report on Monday, February 9th. BTIG Research boosted their price target on FTAI Aviation from $230.00 to $335.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Wall Street Zen cut FTAI Aviation from a “buy” rating to a “hold” rating in a research report on Saturday, October 25th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of FTAI Aviation in a research report on Monday, December 29th.

FTAI Aviation Stock Up 1.8%

NASDAQ FTAI opened at $279.85 on Tuesday. The company has a 50-day moving average price of $233.98 and a 200-day moving average price of $187.82. FTAI Aviation has a 52 week low of $81.45 and a 52 week high of $310.00. The firm has a market capitalization of $28.70 billion, a P/E ratio of 63.89 and a beta of 1.53.

Hedge Funds Weigh In On FTAI Aviation

Hedge funds have recently modified their holdings of the company. LDR Capital Management LLC purchased a new stake in shares of FTAI Aviation during the 3rd quarter valued at about $1,102,000. Diversified Trust Co bought a new stake in FTAI Aviation during the third quarter worth approximately $2,846,000. Asset Management One Co. Ltd. purchased a new stake in FTAI Aviation during the third quarter valued at approximately $2,056,000. Hiddenite Capital Partners LP lifted its stake in shares of FTAI Aviation by 12.9% in the 3rd quarter. Hiddenite Capital Partners LP now owns 79,000 shares of the financial services provider’s stock valued at $13,182,000 after purchasing an additional 9,000 shares during the last quarter. Finally, Maryland State Retirement & Pension System purchased a new position in shares of FTAI Aviation in the 2nd quarter worth approximately $570,000. 88.96% of the stock is currently owned by institutional investors.

FTAI Aviation Company Profile

FTAI Aviation (NASDAQ: FTAI) is a commercial aircraft leasing company that acquires, manages and leases wide-body jet aircraft to airlines globally. The company’s portfolio is focused on modern, fuel-efficient Boeing models, including the 767, 777 and 787 families, which are deployed under long-term operating leases. By concentrating on in-demand wide-body assets, FTAI Aviation seeks to deliver stable cash flows through lease rentals and maintenance reserve collections while providing airlines with flexible fleet solutions.

In addition to lease origination, FTAI Aviation offers end-to-end asset management services.