Avation PLC with ticker (LON:AVAP) now has a potential upside of 98.2% according to Canaccord Genuity.
AVAP.L
Canaccord Genuity set a target price of 285 GBX for the company, which when compared to the Avation PLC share price of 144 GBX at opening today (29/01/2025) indicates a potential upside of 98.2%. Trading has ranged between 102 (52 week low) and 192 (52 week high) with an average of 521,089 shares exchanging hands daily. The market capitalisation at the time of writing is £96,629,866.
Avation PLC is a Singapore-based aircraft leasing company. The Company owns and manages a fleet of commercial passenger aircraft which it leases to airlines around the world. The Company leases to various airlines in Europe, Asia and Australia. The Company has approximately 32 aircrafts. The Company’s fleet includes Airbus A330, A321, A320 and A220 aircraft, B777-300ER aircraft and ATR 72 aircraft. Its subsidiaries include Avation Capital S.A., Capital Lease Aviation Limited, Avation Group (S) Pte. Ltd., AVAP Leasing (Asia) Limited, AVAP Leasing (Asia) II Limited, AVAP Leasing (Asia) III Limited, AVAP Leasing (Asia) IV Limited and Capital MSN 4033 II Limited.
Avation PLC 98.2% potential upside indicated by Canaccord Genuity
- Written by: Charlotte Edwards
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Latest Company News
Avation has priced US$300 million of 8.5% senior unsecured notes due May 2031 under its new US$1 billion global medium term note programme.
Avation has signed an eight-year lease agreement with a European ACMI provider for an eight-year-old ATR 72-600 aircraft, set to transition in February 2026.
Avation Plc reported FY2025 revenue of $110.1m, up 19.2%, and EBITDA of $107.1m. The company posted a $7.7m loss after tax, reduced net indebtedness to $604.2m, and declared a 1.0
Avation has finalised the sale of a Boeing B777-300ER leased to Philippine Airlines, generating a material profit above book value. The transaction releases significant cash, which will be used to
Avation expects revenue of around US$110 million for the year to 30 June 2025. The company has reduced outstanding bond debt to US$298 million through repurchases and improved its credit
Avation has agreed a twelve-year lease with a Cambodian carrier for a new ATR 72-600, the second of ten aircraft ordered in 2024. Delivery is scheduled for February 2026.
