Air Lease Corporation which can be found using ticker (AL) now have 7 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The range between the high target price and low target price is between 59 and 41 and has a mean target at $52.57. Now with the previous closing price of $38.95 this indicates there is a potential upside of 35.0%. Also worth taking note is the 50 day moving average now sits at $38.52 and the 200 day moving average is $38.39. The market cap for the company is 4.35B. The current share price for the company is: 39.2 USD
The potential market cap would be $5,873,517,249 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 9.73, revenue per share of 21.25 and a 2.6% return on assets.
Air Lease Corporation is an aircraft leasing company. The Company is engaged in purchasing the new technology commercial jet aircraft directly from aircraft manufacturers, such as The Boeing Company (Boeing) and Airbus S.A.S.(Airbus) and leasing those aircraft to airlines throughout the world. In addition to its leasing activities, the Company sells aircraft from its fleet to third parties, including other leasing companies, financial service companies, airlines and other investors. It also provides fleet management services. The Company owns approximately 200 airlines across 70 countries. It operates its business on a global basis, providing aircraft to airline customers in geographical regions, including markets, such as Asia, Europe, the Middle East and Africa, United Stated and Canada, Central America, South America and Mexico, and the Pacific, Australia and New Zealand.
