Susquehanna Maintains Positive Rating for Air Transport Services Gr: Here's What You Need To Know

Susquehanna has decided to maintain its Positive rating of Air Transport Services Gr ATSG and lower its price target from $25.00 to $18.00.

Shares of Air Transport Services Gr are trading up 2.49% over the last 24 hours, at $15.22 per share.

A move to $18.00 would account for a 18.27% increase from the current share price.

About Air Transport Services Gr

Air Transport Services Group Inc along with its subsidiaries operates within the airfreight and logistics industry. It leases aircraft and provides airline operations, ground services, aircraft modification and maintenance, and other support services mainly to the cargo transportation and package delivery industries. The company has two reportable segments namely Cargo Aircraft Management and ACMI Services (Aircraft, Crew, Maintenance, and Insurance). It generates a majority of its revenue from the ACMI services segment.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.