FBR Capital Believes AER Won’t Stop Here

By Jason Carr

FBR Capital analyst Christopher Nolan reiterated a Buy rating on Aercap Holdings (NYSE: AER) today. The company’s shares opened today at $44.73, close to its 52-week high of $46.32.

According to TipRanks.com, Nolan is a 4-star analyst with an average return of 3.0% and a 61.3% success rate. Nolan covers the Financial sector, focusing on stocks such as Hercules Technology Growth Capital, Pennantpark Investment Corp., and Atlantic Capital Bancshares.

Currently, the analyst consensus on Aercap Holdings is Strong Buy and the average price target is $53.50, representing a 19.6% upside.

In a report issued on November 8, D.A. Davidson also reiterated a Buy rating on the stock with a $52 price target.

The company has a one year high of $46.32 and a one year low of $24.61. Currently, Aercap Holdings has an average volume of 1.76M.

Based on the recent corporate insider activity of 27 insiders, corporate insider sentiment is neutral on the stock. Most recently, in September 2016, Michael Gradon, a Director at AER sold 592 shares for a total of $24,023.

AerCap Holdings NV engages in aircraft leasing and aviation finance. It acquires new or used commercial aircrafts and lends them to its clients via operating leases. It also provides aircraft owners, financiers and investors with asset services to manage an aircraft portfolio. It operates through the Leasing, Financing, Sales, and Management of Commercial Aircraft and Engines segment. The company was founded in 1995 and is headquartered in Dublin, Ireland.