Air Partner (AIR) Lifted to Buy at Liberum Capital

Liberum Capital upgraded shares of Air Partner (LON:AIR) to a buy rating in a research report released on Wednesday, July 25th. Liberum Capital currently has GBX 155 ($2.01) price objective on the stock.

Shares of LON AIR opened at GBX 113.50 ($1.47) on Wednesday. Air Partner has a 52 week low of GBX 99.75 ($1.29) and a 52 week high of GBX 156 ($2.02).

The business also recently declared a dividend, which was paid on Friday, July 20th. Investors of record on Thursday, June 21st were given a dividend of GBX 3.80 ($0.05) per share. The ex-dividend date of this dividend was Thursday, June 21st. This is a boost from Air Partner’s previous dividend of $1.70. This represents a yield of 3.78%.

In other Air Partner news, insider Richard Jackson acquired 12,500 shares of the business’s stock in a transaction dated Tuesday, June 12th. The stock was bought at an average cost of GBX 120 ($1.55) per share, with a total value of £15,000 ($19,417.48). Also, insider Peter Saunders acquired 25,000 shares of the business’s stock in a transaction dated Tuesday, June 19th. The stock was acquired at an average cost of GBX 110 ($1.42) per share, with a total value of £27,500 ($35,598.71).

About Air Partner

Air Partner plc provides aviation charter, consulting, and training services worldwide. It operates through four segments: Commercial Jets, Private Jets, Freight, and Consulting & Training. The company provides commercial jet charter services for more than 20 passengers for governments, corporates, sports and entertainment teams, industrial, manufacturing customers, and tour operators; and private jet charter services for up to 19 passengers for business and leisure corporates, high net worth individuals, and governments.

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