Air Transport Services Group (NASDAQ:ATSG) target price raised to $20.00, released a report earlier today by Seaport Global Securities
- Updated: November 29, 2016
Only yesterday Air Transport Services Group (NASDAQ:ATSG) traded 2.13% higher at $15.97. Air Transport Services Group’s 50-day average is $14.94 and its two hundred day average is $14.04. With the last stock price close up 16.20% relative to the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. 11,202 shares of the stock were exchanged, down from an average trading volume of 271,553
Reporting a possible upside of 0.25%, Seaport Global Securities increased the target of Air Transport Services Group (NASDAQ:ATSG) to $20.00
Previously on 02/10/2016, Cowen reported about Air Transport Services Group (NASDAQ:ATSG) bumped up the target price from $11.00 to $12.00. At the time, this indicated a possible upside of 0.23%.
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Air Transport Services Group has 52 week low of $8.73 and a 52 week high of $16.95 with a price-earnings ratio of 28.82 and has a total market value of $0.
A total of 6 firms have reported on the stock. 2 brokerages rating the stock a strong buy, 2 analysts rating the company a buy, two analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $11.25.
Brief Synopsis About Air Transport Services Group (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 flight support.
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