Air Lease Corporation found using ticker (AL) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The range between the high target price and low target price is between 61 and 50 calculating the average target price we see 55.63. Now with the previous closing price of 43.32 this is indicating there is a potential upside of 28.4%. There is a 50 day moving average of 41.66 and the 200 moving average now moves to 42.02. The company has a market capitalisation of $5,000m. Company Website: https://www.airleasecorp.com
The potential market cap would be $6,420m based on the market concensus.
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet aircraft to airlines worldwide. It also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, the company provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2021, it owned a fleet of 382 aircraft, including 278 narrowbody aircraft and 104 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.
