Air Lease Corporation found using ticker (AL) have now 7 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 60 and 51 with the average target price sitting at 54.86. Given that the stocks previous close was at 38.24 this indicates there is a potential upside of 43.5%. There is a 50 day moving average of 34.2 while the 200 day moving average is 37.23. The company has a market capitalisation of $4,262m. Find out more information at: https://www.airleasecorp.com
The potential market cap would be $6,114m 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.
