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Avation PLC Receives First-Time Moody’s Credit Rating

Story Highlights
  • Avation PLC, a Singapore-based aircraft leasing company, leases aircraft globally.
  • Moody’s assigned Avation a B1 Corporate Family Rating, enhancing its industry credibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Avation PLC Receives First-Time Moody’s Credit Rating

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Avation ( (GB:AVAP) ) just unveiled an announcement.

Avation PLC has been assigned a first-time B1 Corporate Family Rating and a B2 issuer rating with a stable outlook by Moody’s Ratings. This development, advised by HSBC, may enhance Avation’s credibility and attractiveness in the aircraft leasing industry, potentially impacting its operational dynamics and stakeholder relations positively.

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 strong corporate events and valuation scores are significant strengths, offsetting concerns from financial performance and technical analysis. The company’s strategic actions in reducing debt and realizing asset value contribute positively to the score.

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

More about Avation

Avation PLC is a Singapore-based company specializing in the leasing of commercial passenger aircraft. The company owns and manages a fleet of aircraft which it leases to airlines globally.

Average Trading Volume: 185,048

Technical Sentiment Signal: Buy

Current Market Cap: £104.5M

See more insights into AVAP stock on TipRanks’ Stock Analysis page.

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