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RBC Capital disclosed AerCap (NYSE:AER), bumping down its price target to $74.00 earlier today

Just yesterday AerCap (NYSE:AER) traded 1.53% higher at $52.64. AerCap’s 50-day moving average is $50.78 and its 200-day moving average is $47.60. The last stock price is up 11.46% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has increased 0.02% over the same time period. 1,307,477 shares of AER traded hands, up from an average trading volume of 852,389

Reporting a potential upside of 0.41%, RBC Capital reduced the stock price target of AerCap (NYSE:AER) to $74.00

Previously on 11/09/2017, UBS Securities released a statement about AerCap (NYSE:AER) increased the target price from $44.00 to $54.00. At the time, this indicated a possible upside of 0.04%.

Recent Performance Chart

AerCap (NYSE:AER)

AerCap has PE ratio of 8.37 with a one year low of $40.14 and a one year high of $53.19 and has a market capitalization of $0.

In addition to RBC Capital reporting its target price, a total of 12 firms have reported on the stock. The consensus target price is $55.25 with 5 firms rating the stock a strong buy, 6 firms rating the stock a buy, 2 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About AerCap (NYSE:AER)

AerCap Holdings N.V. is an independent aircraft leasing company. The Company focuses on acquiring in-demand aircraft, funding them, hedging interest rate risk and using its platform to deploy these assets. It operates its business on a global basis, leasing aircraft to customers in various geographical regions. The Company is engaged in leasing, financing, sales and management of commercial aircraft and engines. It owned 1,022 aircraft, managed 95 aircraft and had approximately 420 new aircraft on order, which included 204 Airbus A320neo Family aircraft, 109 Boeing 737MAX aircraft, 50 Embraer E-Jets E2 aircraft, 38 Boeing 787 aircraft and 19 Airbus A350 aircraft, as of December 31, 2016. As of December 31, 2016, its owned and managed aircraft were leased to approximately 200 customers in approximately 80 countries. AeroTurbine, Inc. is the subsidiary of the Company.

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