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Avation PLC Receives B Credit Rating from Fitch

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Avation PLC Receives B Credit Rating from Fitch

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Avation ( (GB:AVAP) ) has issued an update.

Avation PLC has been assigned a B long-term issuer default rating by Fitch Ratings, with HSBC acting as the sole Ratings Advisor. This credit rating could influence Avation’s financial operations and market positioning, potentially affecting stakeholder perceptions and future business opportunities.

The most recent analyst rating on (GB:AVAP) stock is a Buy with a £285.00 price target. To see the full list of analyst forecasts on Avation stock, see the GB:AVAP Stock Forecast page.

Spark’s Take on GB:AVAP Stock

According to Spark, TipRanks’ AI Analyst, GB:AVAP is a Outperform.

Avation’s overall stock score of 71 reflects a strong financial foundation with notable operational improvements. The positive technical indicators and strategic corporate events, such as debt reduction and asset sales, enhance its market positioning. However, high leverage and revenue volatility are risks that need to be managed carefully.

To see Spark’s full report on GB:AVAP stock, click here.

More about Avation

Avation PLC is a Singapore-based aircraft leasing company that owns and manages a fleet of commercial passenger aircraft, leasing them to airlines globally.

Average Trading Volume: 189,598

Technical Sentiment Signal: Buy

Current Market Cap: £107.2M

For an in-depth examination of AVAP stock, go to TipRanks’ Overview page.

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