FBR Capital Maintains an 'Outperform' on AerCap Holdings (AER); Portfolio Growth Opportunity Greater Than Expected; Adding to Top Picks
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Price: $85.18 +0.08%
Rating Summary:
19 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
Rating Summary:
19 Buy, 1 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 13
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FBR Capital maintains an 'Outperform' on AerCap Holdings (NYSE: AER), PT increased to $16.50.
FBR analyst says, "We expect aircraft lessors to experience increasing demand for their aircraft, driven by two factors: (1) increasing global passenger and cargo volumes drive the need for additional aircraft; and (2) aircraft leasing continues to comprise a larger portion of total airline fleets, reflecting the financial benefits airlines gain from leasing (reduces capital and liquidity resources, residual risk is incurred by the lessor, etc.). With regard to AerCap, the company's focus on maintaining a fleet of young, newgeneration, narrow-body aircraft results in more consistent demand for its aircraft, and therefore a more stable revenue stream...adjusting our FY11 and FY12 EPS estimates to $1.85 (from $1.92) and $1.95 (from $1.92), respectively."
For more ratings news on AerCap Holdings click here and for the rating history of AerCap Holdings click here.
Shares of AerCap Holdings closed at $13.56 yesterday.
FBR analyst says, "We expect aircraft lessors to experience increasing demand for their aircraft, driven by two factors: (1) increasing global passenger and cargo volumes drive the need for additional aircraft; and (2) aircraft leasing continues to comprise a larger portion of total airline fleets, reflecting the financial benefits airlines gain from leasing (reduces capital and liquidity resources, residual risk is incurred by the lessor, etc.). With regard to AerCap, the company's focus on maintaining a fleet of young, newgeneration, narrow-body aircraft results in more consistent demand for its aircraft, and therefore a more stable revenue stream...adjusting our FY11 and FY12 EPS estimates to $1.85 (from $1.92) and $1.95 (from $1.92), respectively."
For more ratings news on AerCap Holdings click here and for the rating history of AerCap Holdings click here.
Shares of AerCap Holdings closed at $13.56 yesterday.
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