JMP Securities Keeps Their Buy Rating on FTAI Aviation (FTAI)

In a report released today, Brian McKenna from JMP Securities reiterated a Buy rating on FTAI Aviation (FTAI – Research Report), with a price target of $85.00. The company’s shares closed last Friday at $70.75.

According to TipRanks, McKenna is a 5-star analyst with an average return of 31.5% and an 80.60% success rate. McKenna covers the Financial sector, focusing on stocks such as KKR & Co, Blue Owl Capital, and SuRo Capital.

FTAI Aviation has an analyst consensus of Strong Buy, with a price target consensus of $76.50, implying an 8.13% upside from current levels. In a report released on April 26, Compass Point also maintained a Buy rating on the stock with a $88.00 price target.

FTAI market cap is currently $7.09B and has a P/E ratio of 32.29.

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FTAI Aviation (FTAI) Company Description:

Fortress Transportation & Infrastructure Investors LLC engages in acquiring, managing and disposing of transportation and transportation-related infrastructure and equipment assets. It operates through the following segments: Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal, Railroad, Ports and Terminals, and Corporate. The Aviation Leasing segment consists of aircraft and aircraft engines held for lease and are typically held long-term. The Offshore Energy segment comprises of vessels and equipment that support offshore oil and gas activities and are typically subject to long-term operating leases. The Shipping Containers segment includes an investment in an unconsolidated entity engaged in the leasing of shipping containers on both an operating lease and finance lease basis. The Jefferson Terminal segment consists of a multi-modal crude and refined products terminal. The Railroad segment refers to Central Maine and Quebec Railway short line railroad operations. The Ports and Terminals consists of Repauno, a 1,630 acre deep-water port located along the Delaware River with an underground storage cavern and multiple industrial development opportunities, and Long Ridge, acquired in June 2017, a 1,660 acre multi-modal port located along the Ohio River with rail, dock, and multiple industrial development opportunities. The Corporate segment includes unallocated corporate general and administrative expenses and management fees. The company was founded on February 19, 2014 and is headquartered in New York, NY.