Air Partner plc (AIP) Stock Rating Reaffirmed by Liberum Capital
Air Partner plc (LON:AIP)‘s stock had its “buy” rating restated by Liberum Capital in a report released on Thursday, StockTargetPrices.com reports. They presently have a GBX 515 ($7.34) target price on the stock. Liberum Capital’s price objective would indicate a potential upside of 22.76% from the stock’s previous close.
Air Partner plc (LON:AIP) traded up 1.98% on Thursday, hitting GBX 419.52. The company had a trading volume of 24,121 shares. The stock has a 50 day moving average of GBX 423.70 and a 200-day moving average of GBX 388.64. Air Partner plc has a one year low of GBX 245.00 and a one year high of GBX 470.00. The stock’s market capitalization is GBX 42.22 million.
Air Partner plc is a United Kingdom-based air charter company engaged in providing aircraft charter services. The Company’s segments include Commercial Jet Broking, Private Jet Broking and Freight Broking. The Commercial Jets segment charters large aircraft for over 20 people for governments, corporates, sports and entertainment teams, industrial, manufacturing customers and tour operators. The Private Jets segment charters small aircraft and jets for up to 19 people, for business and leisure by corporates, high net worth individuals and governments. The Private Jet Broking segment consists of two products, JetCard, the Company’s private jet card program, and Ad hoc broking, the Company’s charter service. The Freight Broking segment charters cargo transport aircraft and part-charter for regular and bespoke requirements, including emergency aid drops, time-critical door-to-door freight delivery and on-board couriers.
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