Avation (LON:AVAP) Earns “Buy” Rating from Canaccord Genuity Group

Avation (LON:AVAP)‘s stock had its “buy” rating restated by Canaccord Genuity Group in a note issued to investors on Monday,London Stock Exchange reports. They currently have a GBX 270 price objective on the stock. Canaccord Genuity Group’s price objective would suggest a potential upside of 100.74% from the stock’s previous close.

Avation Price Performance

LON:AVAP opened at GBX 134.50 on Monday. The firm has a market cap of £80.59 million, a PE ratio of -6.72, a price-to-earnings-growth ratio of -0.15 and a beta of 0.13. Avation has a 12 month low of GBX 122.44 and a 12 month high of GBX 170. The company has a quick ratio of 1.33, a current ratio of 1.15 and a debt-to-equity ratio of 255.58. The company’s 50-day moving average price is GBX 133.44 and its two-hundred day moving average price is GBX 137.22.

About Avation

Avation PLC is a specialist commercial passenger aircraft leasing company owning a fleet of commercial aircraft which it leases to airlines across the world.