Air Lease Corporation found using ticker (AL) now have 7 analysts covering the stock. The analyst consensus points to a rating of ‘Buy’. The target price ranges between 61 and 51.5 calculating the mean target price we have 54.79. With the stocks previous close at 33.09 this would imply there is a potential upside of 65.6%. The 50 day moving average now sits at 35.56 and the 200 day MA is 40.8. The company has a market cap of $3,723m. Visit the company website at: https://www.airleasecorp.com
The potential market cap would be $6,164m 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.
