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An update from Avation ( (GB:AVAP) ) is now available.
Avation PLC has established a new US$1 billion global medium-term note programme through its subsidiary, Avation Group (S) Pte. Ltd., with HSBC and Wells Fargo Securities as initial dealers. This initiative aims to enhance Avation’s financial flexibility by allowing the issuance of notes in various currencies and interest rates, potentially strengthening its market position in the aircraft leasing industry.
The most recent analyst rating on (GB:AVAP) stock is a Hold with a £160.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.
Spark’s Take on GB:AVAP Stock
According to Spark, TipRanks’ AI Analyst, GB:AVAP is a Neutral.
Avation’s overall stock score is primarily impacted by its financial performance, which shows significant challenges with profitability and high leverage. Technical analysis provides mixed signals, while valuation concerns due to negative earnings further weigh down the score.
To see Spark’s full report on GB:AVAP stock, click here.
More about Avation
Avation PLC is a commercial passenger aircraft leasing company headquartered in Singapore. It owns and manages a diverse fleet of widebody, narrowbody jet, and turboprop aircraft, leasing them to 16 airlines across 14 countries. The company’s fleet is fully leased and utilized, and it is listed on the London Stock Exchange under the ticker AVAP.L.
Average Trading Volume: 139,754
Technical Sentiment Signal: Buy
Current Market Cap: £104.5M
Learn more about AVAP stock on TipRanks’ Stock Analysis page.