Avation PLC with ticker (LON:AVAP) now has a potential upside of 106.9% according to Canaccord Genuity.
Canaccord Genuity set a target price of 240 GBX for the company, which when compared to the Avation PLC share price of 116 GBX at opening today (20/10/2023) indicates a potential upside of 106.9%. Trading has ranged between 79 (52 week low) and 143 (52 week high) with an average of 591,412 shares exchanging hands daily. The market capitalisation at the time of writing is £83,642,081.
Avation PLC is a Singapore-based commercial passenger aircraft leasing company. The Company manages a fleet of aircraft, which it leases to airlines across the world. The Company’s serves a range of customers, which includes easyJet, Eva Air, Philippine Airlines, Air India, Vietjet Air, Fiji Airways, Mandarin Airlines, Cebu Pacific, airBaltic and Danish Air Transport. The Company owns through its subsidiaries a range of commercial passenger aircraft, which are leased to various airlines in Europe, Asia, and Australia. Its portfolio includes Boeing 777-300ER, Airbus A330-300, Airbus A320-200, and ATR 72-500. The Company’s fleet comprises approximately 38 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, and AVAP Leasing (Asia) IV Limited.
Avation PLC 106.9% potential upside indicated by Canaccord Genuity
[shareaholic app="share_buttons" id_name="post_below_content"]
- Written by: Charlotte Edwards
Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:
Avation PLC holds its AGM today in Singapore, highlighting robust aviation market growth, fleet updates, and strategic financial maneuvers for investors.
Avation PLC completes a strategic repurchase of 7.8 million shares, enhancing shareholder value and optimizing capital structure through buyback.
Avation plc (LON:AVAP) is set to thrive in the booming aviation market, leveraging strong financials, a sustainable fleet, and strategic growth initiatives.
Avation PLC (LON: AVAP) successfully delivers and sells a new ATR 72-600 aircraft, generating a profitable cash release for future investments.
Avation PLC (LON: AVAP) secures US$85 million financing from a major bank to refinance its aircraft fleet and fund future acquisitions.
Avation PLC announces its AGM on December 19, 2024, in Singapore, and proposes a 0.5p final dividend, rewarding shareholders upon approval.
