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

Shares of Sky Harbour Group Co. (NYSEAMERICAN:SKYH) have earned a consensus recommendation of “Buy” from the six research firms that are covering the company, Marketbeat.com reports. Four equities research analysts have rated the stock with a buy recommendation and two have given a strong buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $17.38.

Several equities analysts have weighed in on SKYH shares. Alliance Global Partners started coverage on Sky Harbour Group in a report on Friday, April 25th. They set a “buy” rating and a $14.50 price target for the company. Lake Street Capital started coverage on Sky Harbour Group in a report on Monday, June 9th. They set a “buy” rating and a $14.00 price target for the company.

Institutional Investors Weigh In On Sky Harbour Group

Institutional investors and hedge funds have recently bought and sold shares of the company. Tocqueville Asset Management L.P. bought a new stake in Sky Harbour Group during the 4th quarter valued at $578,000. Lawson Kroeker Investment Management Inc. NE increased its holdings in shares of Sky Harbour Group by 16.8% in the 1st quarter. Lawson Kroeker Investment Management Inc. NE now owns 437,849 shares of the company’s stock valued at $5,696,000 after acquiring an additional 63,068 shares during the period. Geode Capital Management LLC increased its holdings in shares of Sky Harbour Group by 20.1% in the 4th quarter. Geode Capital Management LLC now owns 301,909 shares of the company’s stock valued at $3,602,000 after acquiring an additional 50,444 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Sky Harbour Group by 437.2% in the 4th quarter. Renaissance Technologies LLC now owns 79,500 shares of the company’s stock valued at $948,000 after acquiring an additional 64,700 shares during the period. Finally, AYAL Capital Advisors Ltd purchased a new position in shares of Sky Harbour Group in the 4th quarter valued at $5,992,000. 14.75% of the stock is owned by institutional investors.

Sky Harbour Group Stock Up 0.9%

Shares of SKYH opened at $9.95 on Friday. The business has a 50-day simple moving average of $10.51 and a two-hundred day simple moving average of $11.25. The stock has a market cap of $752.32 million, a price-to-earnings ratio of -4.81 and a beta of 1.74. Sky Harbour Group has a 52 week low of $8.26 and a 52 week high of $14.52.

About Sky Harbour Group

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.