RBC Capital Issues a Buy Rating on Aercap Holdings

By Ryan Adsit

In a report released today, Jason Arnold from RBC Capital reiterated a Buy rating on Aercap Holdings (NYSE: AER), with a price target of $73. The company’s shares closed yesterday at $44.64.

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.

Currently, the analyst consensus on Aercap Holdings is Strong Buy and the average price target is $60.33, representing a 35.1% upside.

In a report issued on April 6, Credit Suisse also maintained a Buy rating on the stock with a $55 price target.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is negative on the stock. Last month, Wouter Marinus den Dikken, the Chief Operating Officer of AER sold 75,000 shares for a total of $3,371,250.

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.

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.