Air Lease Corporation with ticker code (AL) now have 7 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 61 and 51.5 with a mean TP of 54.79. Given that the stocks previous close was at 30.29 this is indicating there is a potential upside of 80.9%. The day 50 moving average is 37.52 and the 200 day moving average is 41.04. The market cap for the company is $3,661m. Visit the company website at: https://www.airleasecorp.com
The potential market cap would be $6,621m 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.
