Avation (LON:AVAP) had its price objective lifted by Canaccord Genuity from GBX 316 ($4.08) to GBX 335 ($4.32) in a report released on Thursday morning. They currently have a buy rating on the stock.

Shares of LON AVAP opened at GBX 232.50 ($3.00) on Thursday. Avation has a 12-month low of GBX 189.20 ($2.44) and a 12-month high of GBX 250 ($3.22).

The firm also recently disclosed a dividend, which will be paid on Thursday, October 18th. Stockholders of record on Thursday, October 4th will be given a dividend of $0.07 per share. The ex-dividend date is Thursday, October 4th. This is an increase from Avation’s previous dividend of $0.06. This represents a dividend yield of 2.42%.

About Avation

Avation PLC, together with its subsidiaries, operates as a commercial passenger aircraft leasing company worldwide. It operates in two segments, Aircraft Leasing and Business Procurement. The company owns a range of commercial passenger aircraft; and supplies new and refurbished aircraft parts. It is also involved in the financing business.

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