Air Lease Corporation found using ticker (AL) now have 8 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 61 and 50 calculating the average target price we see 55.63. Given that the stocks previous close was at 42.13 this now indicates there is a potential upside of 32.0%. The 50 day moving average now sits at 41.3 and the 200 day MA is 42.14. The market cap for the company is $4,789m. Visit the company website at: https://www.airleasecorp.com
The potential market cap would be $6,323m 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, luding 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, luding 278 narrowbody aircraft and 104 widebody aircraft. The company was orporated in 2010 and is headquartered in Los Angeles, California.
