Air Lease Corporation which can be found using ticker (AL) now have 8 market analysts covering the stock. The analyst consensus now points to a rating of ‘Buy’. The target price High/Low ranges between 60 and 52 with the average target price sitting at $56.13. Given that the stocks previous close was at $38.11 and the analysts are correct then there would likely be a percentage uptick in value of 47.3%. The 50 day moving average now sits at $42.77 and the 200 day MA is $37.43. The market cap for the company is $4,227m. Visit the company website at: https://www.airleasecorp.com
The potential market cap would be $6,226m based on the market consensus.
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 fleet to third partiesluding 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, 2022, it owned a fleet of 417 aircraftluding 306 narrowbody aircraft and 111 widebody aircraft. The company was incorporated in 2010 and is headquartered in Los Angeles, California.
The company has a dividend yield of 2.11% with the ex dividend date set at 15-3-2023 (DMY).
