In a report issued on March 1, Devin Ryan from JMP Securities reiterated a Buy rating on Fortress Transportation (FTAI), with a price target of $24. The company’s shares closed yesterday at $16.16.
According to TipRanks.com, Ryan is a 5-star analyst with an average return of 20.5% and a 74.1% success rate. Ryan covers the Financial sector, focusing on stocks such as Apollo Global Management LLC, Raymond James Financial, and Goldman Sachs Group Inc.
Fortress Transportation has an analyst consensus of Moderate Buy, with a price target consensus of $21.50, a 33.0% upside from current levels. In a report issued on March 1, Stephens also maintained a Buy rating on the stock with a $19 price target.
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Fortress Transportation’s market cap is currently $1.36B and has a P/E ratio of 244.11. The company has a Price to Book ratio of 1.36.
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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.
