Air Lease Corporation with ticker code (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 55.88. With the stocks previous close at 38.5 this would imply there is a potential upside of 45.1%. The 50 day MA is 43.24 and the 200 day moving average is 43.18. The company has a market cap of $4,448m. Visit the company website at: https://www.airleasecorp.com
The potential market cap would be $6,456m based on the market concensus.
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of new commercial jet aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, airlines, and other investors. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2020, the company owned a fleet of 332 aircraft, including 236 narrowbody aircraft and 96 widebody aircraft. Air Lease Corporation was incorporated in 2010 and is headquartered in Los Angeles, California.
