Information Provided By:
Fly News Breaks for February 15, 2017
AYR
Feb 15, 2017 | 07:42 EDT
Cowen analyst Helane Becker downgraded Aircastle to Market Perform and raised its price target to $25 from $23 saying its growth rate is slowing as aircraft acquisition is more competitive. Management believes book value growth will slow in 2017 due to competitive acquisition environment and sees net equipment value growth in the mid to high single digits versus typical growth of 10% per year. Becker lowered her growth in net book value to approximately 4.5% and said she would reevaluate her position on a pullback in share price.
News For AYR From the Last 2 Days
There are no results for your query AYR