Lazard Capital Initiates Coverage on Erickson Air-Crane (EAC)

By admin | 6 years ago

Analysts at Lazard Capital started coverage on shares of Erickson Air-Crane (NYSE: EAC) in a research report issued to clients and investors on Monday. The firm set a “neutral” rating on the stock.

A number of other firms have also recently commented on EAC. Analysts at DA Davidson initiated coverage on shares of Erickson Air-Crane in a research note to investors on Monday. They set a “buy” rating and a $10.00 price target on the stock. Separately, analysts at Stifel Nicolaus initiated coverage on shares of Erickson Air-Crane in a research note to investors on Monday. They set a “buy” rating and a $12.00 price target on the stock. Finally, analysts at Oppenheimer (NYSE: OPY) initiated coverage on shares of Erickson Air-Crane in a research note to investors on Monday. They set a “market perform” rating on the stock.

Erickson Air-Crane traded down 0.43% on Monday, hitting $6.98. Erickson Air-Crane has a 1-year low of $6.75 and a 1-year high of $8.50. The company’s market cap is $67.0 million.

Erickson Air-Crane Incorporated (Erickson) is engaged in the operation and manufacture of the Erickson S-64 Aircrane (Aircrane), a heavy-lift helicopter.

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