Stifel Nicolaus Reiterates Their Buy Rating on Air Transport Services (ATSG)


In a report released yesterday, David Ross from Stifel Nicolaus reiterated a Buy rating on Air Transport Services (NASDAQ: ATSG), with a price target of $24. The company’s shares closed yesterday at $20.73.

According to TipRanks.com, Ross is a 4-star analyst with an average return of 6.9% and a 64.2% success rate. Ross covers the Services sector, focusing on stocks such as Covenant Transportation Group, Expeditors International, and Schneider National Inc.

Currently, the analyst consensus on Air Transport Services is a Moderate Buy with an average price target of $24.

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Air Transport Services’ market cap is currently $1.22B and has a P/E ratio of 14.30. The company has a Price to Book ratio of 2.81.

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Air Transport Services Group, Inc. engages in the provision of airline operations, aircraft leases, aircraft maintenance and other support services primarily to the cargo transportation and package delivery industries.

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