Deutsche Bank Aktiengesellschaft Increases AerCap (NYSE:AER) Price Target to $115.00

AerCap (NYSE:AER) had its target price upped by Deutsche Bank Aktiengesellschaft from $110.00 to $115.00 in a research report issued to clients and investors on Tuesday, Benzinga reports. The firm presently has a “buy” rating on the financial services provider’s stock. Deutsche Bank Aktiengesellschaft’s target price points to a potential upside of 19.16% from the company’s previous close.

Other research analysts have also recently issued reports about the stock. Susquehanna lifted their target price on shares of AerCap from $100.00 to $108.00 and gave the stock a “positive” rating in a report on Friday, August 2nd. TD Cowen reaffirmed a “buy” rating and set a $125.00 target price on shares of AerCap in a report on Monday, July 29th. Finally, Barclays upped their target price on shares of AerCap from $111.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 2nd. One analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $106.43.

AerCap Price Performance

Shares of NYSE:AER opened at $96.51 on Tuesday. The stock has a market cap of $19.10 billion, a PE ratio of 6.28, a PEG ratio of 2.13 and a beta of 1.83. The company’s fifty day moving average is $94.60 and its 200 day moving average is $92.05. AerCap has a 52 week low of $57.84 and a 52 week high of $99.30. The company has a quick ratio of 0.29, a current ratio of 0.29 and a debt-to-equity ratio of 2.69.

AerCap (NYSE:AER) last announced its quarterly earnings results on Thursday, August 1st. The financial services provider reported $3.01 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.41 by $0.60. The business had revenue of $1.96 billion for the quarter, compared to analyst estimates of $1.89 billion. AerCap had a net margin of 42.02% and a return on equity of 15.12%. The company’s revenue was up 1.8% on a year-over-year basis. During the same quarter last year, the firm earned $2.56 EPS. Research analysts anticipate that AerCap will post 11.33 earnings per share for the current year.

Institutional Investors Weigh In On AerCap

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. American International Group Inc. boosted its stake in AerCap by 10.0% during the fourth quarter. American International Group Inc. now owns 36,013 shares of the financial services provider’s stock worth $2,676,000 after buying an additional 3,282 shares during the period. Banque Cantonale Vaudoise acquired a new stake in AerCap in the first quarter valued at approximately $182,000. Park Avenue Securities LLC raised its holdings in AerCap by 3.8% in the first quarter. Park Avenue Securities LLC now owns 12,183 shares of the financial services provider’s stock valued at $1,059,000 after acquiring an additional 447 shares in the last quarter. Atlas Capital Advisors LLC increased its stake in AerCap by 360.1% in the first quarter. Atlas Capital Advisors LLC now owns 7,472 shares of the financial services provider’s stock valued at $649,000 after purchasing an additional 5,848 shares during the last quarter. Finally, DGS Capital Management LLC increased its stake in AerCap by 4.8% in the first quarter. DGS Capital Management LLC now owns 7,585 shares of the financial services provider’s stock valued at $659,000 after purchasing an additional 349 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

AerCap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.