Avation PLC with ticker (LON:AVAP) now has a potential upside of 105.3% according to Canaccord Genuity.
Canaccord Genuity set a target price of 230 GBX for the company, which when compared to the Avation PLC share price of 112 GBX at opening today (07/03/2024) indicates a potential upside of 105.3%. Trading has ranged between 79 (52 week low) and 143 (52 week high) with an average of 102,181 shares exchanging hands daily. The market capitalisation at the time of writing is £79,356,911.
Avation PLC is a Singapore-based commercial passenger aircraft leasing company. The Company manages a fleet of approximately 36 aircraft. The Company leases aircraft to 17 airline customers spread across 14 countries in Europe and the Asia-Pacific region. Its customers include easyJet, Eva Air, Philippine Airlines, Alliance Air India, Vietjet Air, Fiji Airways, Mandarin Airlines, Cebu Pacific, airBaltic and Danish Air Transport. The Company’s fleet includes 13 narrow-body jets, two twin-aisle jets and 21 ATR 72 twin-engine turboprop aircraft. The Company’s fleet includes Airbus A320 and A220 aircraft, Boeing 737 NG and 777-300ER aircraft and ATR 72 aircraft. Its subsidiaries include Avation Capital S.A., Capital Lease Aviation Limited, Avation Group (S) Pte. Ltd., AVAP Leasing (Asia) Limited, AVAP Leasing (Asia) II Limited, AVAP Leasing (Asia) III Limited, AVAP Leasing (Asia) IV Limited, Capital MSN 4033 II Limited and others.
Avation PLC 105.3% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
Find more news, interviews, share price & company profile here for:
Latest Company News
Avation joins the FTSE 350 Index, marking a new chapter in its evolution as an aircraft leasing platform.
Investors join global transport leaders in Rotterdam to assess how policy, technology and capital are aligning to scale sustainable fuels.
Avation PLC has delivered an ATR 72-600 aircraft to Clic Air under a six-year lease agreement, marking the successful transition of aircraft MSN 1473.
Avation signs a 12-year lease with Cambodian Airways, further securing long-term income from its ATR 72-600 orderbook.
Avation PLC has agreed a twelve-year lease with Cambodian Airways for a new ATR 72-600 aircraft, due for delivery in October 2026.
FAA sets out 2030 deadline to end leaded fuel use in US general aviation, opening a new phase for alternative fuel providers and aviation infrastructure.
