Breaking Finance News

Air Transport Services Group Inc. (NASDAQ:ATSG) has been upgraded to Buy in a report by TheStreet today.

Only yesterday Air Transport Services Group Inc. (NASDAQ:ATSG) traded 1.83% lower at $14.26. ATSG’s 50-day moving average is $14.31 and its two hundred day average is $13.82. The last close is up 3.15% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has fallen -0.01% over the date range. 374,794 shares of Air Transport Services Group Inc. exchanged hands, up from ann avg. volume of 271,414.

TheStreet has upgraded Air Transport Services Group Inc.(NASDAQ:ATSG) to Buy in a report released Wednesday August 17 2016.

Previously on 3/10/2016, Cowen reported about Air Transport Services Group Inc.(NASDAQ:ATSG) upped the target price from $12.00 to $18.00 that indicated a possible upside of 0.31%.

See Chart Below:

Air Transport Services Group Inc. (NASDAQ:ATSG)

Also covering Air Transport Services Group Inc.’s stock price target, a total of 6 firms have reported on Air Transport Services Group Inc.. The average target is $11.25 with two firms rating the stock a strong buy, two analysts rating the stock a buy, two firms rating the stock a hold, 0 rating the company to underperform, and finally 0 analysts rating the stock as sell.

Air Transport Services Group Inc. has a 52 week low of $8.37 and a 52 week high of $15.53 with a PE ratio of 23. Air Transport Services Group Inc.’s market cap is currently $0.0.

About Air Transport Services Group Inc. (NASDAQ:ATSG)

Air Transport Services Group, Inc. (ATSG) is a holding company. The Company provides airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries. Through the Company’s subsidiaries, it offers a range of complementary services to delivery companies, freight forwarders, airlines and government customers. ATSG’s leasing subsidiary, Cargo Aircraft Management, Inc. (CAM) leases cargo aircraft to ATSG’s airlines, as well as to non-affiliated airlines and other lessees. Airborne Global Solutions, Inc. (AGS) is its subsidiary that assists its businesses in marketing plans and provides sales leads to its subsidiaries by identifying customers’ business and operational requirements. The Company’s other business operations include aircraft maintenance and modification services, aircraft part sales and brokerage, equipment leasing and maintenance, and mail and package sorting, and and flight support.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with MarketBeat.com's FREE daily email newsletter.