Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) Has Just Had Its Target Decreased by Stock Analysts at JMP Securities to $19.00

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Analysis: Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI) Target Upped Today

In a recent research report sent to investors and clients by JMP Securities on Thursday, 10 December, the firm, Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI), had their Estimated Target Price downgraded to $19.00. Analusts currently have a solid Market Outperform rating on the stock.

From a total of 10 analysts covering Fortress Transportation and Infrastructure (NYSE:FTAI) stock, 10 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is $22 while the lowest target price is $16. The mean of all analyst targets is $19.1 with a 81.16% above today’s ($10.35) stock price. Fortress Transportation and Infrastructure was the topic of 6 analyst reports since July 29, 2015 according to the firm StockzIntelligence Inc. Alembic initiated shares on October 7 with “Overweight” rating. Wolfe Research upgraded FTAI stock in a recent report from July 29 to “Outperform” rating.

Approximately 74,616 shares of stock traded hands. Fortress Transprtn and Infr Investrs LLC (NYSE:FTAI) has risen 6.00% since November 10, 2015 and is uptrending. It has outperformed by 7.93% the S&P500.

Fortress Transportation and Infrastructure Investors LLC owns and acquires infrastructure and related equipment for the transportation of goods and people across the world. The company has a market cap of $754.55 million. The Company’s strategic business units include infrastructure and equipment leasing. It currently has negative earnings. The Company’s divisions include Aviation Leasing, Offshore Energy, Shipping Containers, Jefferson Terminal and Railroad.

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.” Get a free copy of the Zacks research report on Fortress Transprtn and Infr Investrs LLC (FTAI).

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