Aircastle Limited Receives a Hold from RBC Capital

By Jason Carr

RBC Capital analyst Jason Arnold reiterated a Hold rating on Aircastle Limited (NYSE: AYR) today and set a price target of $25. The company’s shares closed yesterday at $23.54.

According to TipRanks.com, Arnold is a 5-star analyst with an average return of 13.1% and a 63.3% success rate. Arnold covers the Financial sector, focusing on stocks such as Discover Financial Services, Apollo Investment Corp, and Santander Consumer USA.

Aircastle Limited has an analyst consensus of Hold, with a price target consensus of $25.83.

Aircastle Limited’s market cap is currently $1.82B and has a P/E ratio of 12.26. The company has a book value ratio of 1.0086.

Based on the recent corporate insider activity of 33 insiders, corporate insider sentiment is neutral on the stock. Most recently, in November 2016, Michael Kriedberg, the CCO of AYR sold 30,000 shares for a total of $675,900.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Aircastle Ltd. engages in leasing, financing, selling, and managing commercial flight equipment. It employs a balanced approach to investment and capitalization. The company was founded on October 29, 2004 and is headquartered in Stamford, CT.