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Avation PLC’s Credit Rating Affirmed by Fitch

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Avation PLC’s Credit Rating Affirmed by Fitch

Meet Your ETF AI Analyst

An update from Avation ( (GB:AVAP) ) is now available.

Avation PLC announced that Fitch Ratings has affirmed its Long-Term Issuer Default Rating at ‘B’ with a Stable Outlook. Additionally, a final long-term debt rating of ‘B’/’RR4’ was assigned to the senior unsecured bond issued by Avation Group under its USD1 billion global medium-term note programme. This affirmation and rating assignment reflect Avation’s stable financial position and its strategic role in the aircraft leasing industry.

The most recent analyst rating on (GB:AVAP) stock is a Hold with a £156.00 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 is hindered by high leverage and negative profitability. Technical analysis further indicates weak market momentum. Valuation concerns arise from a negative P/E ratio and low dividend yield, suggesting limited attractiveness for investors.

To see Spark’s full report on GB:AVAP stock, click here.

More about Avation

Avation PLC is an aircraft leasing company based in Singapore, specializing in owning and managing a fleet of commercial passenger aircraft which it leases to airlines globally.

Average Trading Volume: 202,225

Technical Sentiment Signal: Hold

Current Market Cap: £93.43M

See more data about AVAP stock on TipRanks’ Stock Analysis page.

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