Sky Harbour Group Co. (NYSEAMERICAN:SKYH) Receives $17.38 Average Target Price from Analysts

Shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) have earned an average recommendation of “Buy” from the five analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among analysts that have issued ratings on the stock in the last year is $17.8333.

A number of research firms recently weighed in on SKYH. Lake Street Capital began coverage on Sky Harbour Group in a report on Monday, June 9th. They issued a “buy” rating and a $14.00 price objective for the company. Zacks Research downgraded Sky Harbour Group from a “strong-buy” rating to a “hold” rating in a report on Thursday, August 14th.

Sky Harbour Group Stock Up 2.8%

NYSEAMERICAN SKYH opened at $10.29 on Wednesday. The company has a market capitalization of $778.03 million, a price-to-earnings ratio of -4.97 and a beta of 1.74. Sky Harbour Group has a twelve month low of $9.28 and a twelve month high of $14.52. The stock has a fifty day simple moving average of $10.28 and a 200 day simple moving average of $10.65.

Institutional Trading of Sky Harbour Group

A number of large investors have recently bought and sold shares of the business. BNP Paribas Financial Markets acquired a new stake in Sky Harbour Group during the 4th quarter worth about $26,000. Metis Global Partners LLC grew its holdings in Sky Harbour Group by 33.7% during the 2nd quarter. Metis Global Partners LLC now owns 15,301 shares of the company’s stock worth $149,000 after acquiring an additional 3,853 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Sky Harbour Group by 68.2% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,639 shares of the company’s stock worth $114,000 after acquiring an additional 4,721 shares during the period. Deutsche Bank AG grew its stake in shares of Sky Harbour Group by 5,014.9% in the 4th quarter. Deutsche Bank AG now owns 13,350 shares of the company’s stock valued at $159,000 after buying an additional 13,089 shares during the period. Finally, Intech Investment Management LLC acquired a new stake in shares of Sky Harbour Group in the 2nd quarter valued at about $128,000. 14.75% of the stock is currently owned by institutional investors and hedge funds.

Sky Harbour Group Company Profile

Sky Harbour Group Corporation operates as an aviation infrastructure development company in the United States. It develops, leases, and manages general aviation hangars for business aircraft. The company is based in White Plains, New York.