Price Action To Observe: It Seems Fortress Transprtn and Infr Investrs LLC Will Go Up. Just Reaches 52-Week High

Price Action To Observe: It Seems Fortress Transprtn and Infr Investrs LLC Will Go Up. Just Reaches 52 Week High

The stock of Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) hit a new 52-week high and has $20.97 target or 58.00% above today’s $13.27 share price. The 9 months bullish chart indicates low risk for the $1.05 billion company. The 1-year high was reported on Nov, 7 by Barchart.com. If the $20.97 price target is reached, the company will be worth $609.00 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 69,807 shares traded hands. Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) has risen 30.90% since April 5, 2016 and is uptrending. It has outperformed by 28.95% the S&P500.

Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) Ratings Coverage

Out of 5 analysts covering Fortress Transportation and Infrastructure (NYSE:FTAI), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. $20 is the highest target while $14 is the lowest. The $17.60 average target is 32.63% above today’s ($13.27) stock price. Fortress Transportation and Infrastructure has been the topic of 8 analyst reports since July 29, 2015 according to StockzIntelligence Inc. Alembic initiated Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) rating on Wednesday, October 7. Alembic has “Overweight” rating and $20 price target. The firm has “Outperform” rating given on Wednesday, July 29 by Wolfe Research. As per Friday, August 12, the company rating was maintained by Citigroup. The firm has “Overweight” rating by Barclays Capital given on Monday, October 5.

According to Zacks Investment Research, “Fortress Transportation and Infrastructure Investors LLC is engaged in the owning and acquisition of infrastructure and equipment for leasing. Its segments include Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad. Fortress Transportation and Infrastructure Investors LLC is based in New York, United States.”

FTAI Company Profile

Fortress Transportation and Infrastructure Investors LLC, incorporated on February 13, 2014, owns and acquires infrastructure and equipment that is essential for the transportation of goods and people across the world. The Firm invests across market sectors, such as aviation, energy, intermodal transport and rail. The Company’s activities consist of primary strategic business units, including Infrastructure and Equipment Leasing. The Firm conducts business through divisions, including Aviation Leasing, Offshore Energy and Shipping Containers, all of which are within Equipment Leasing Business, and Jefferson Terminal and Railroad, which together comprise its Infrastructure Business. The Company’s Equipment Leasing Business acquires assets that are designed to carry cargo or people or provide functionality to transportation infrastructure. The Company’s Infrastructure Business acquires long-life assets or operating businesses that provide services or functions to transportation networks and typically have barriers to entry, strong margins, stable cash flows and upside from earnings growth and asset appreciation driven by increased use and inflation. The Company’s clients consist of global operators of transportation and infrastructure networks, including airlines, offshore energy service providers and shipping lines.

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