▲ +6.37% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Air Lease in the last 3 months. The average price target is $49.33, with a high forecast of $58.00 and a low forecast of $40.00. The average price target represents a 6.37% upside from the last price of $46.38.
The current consensus among 3 contributing investment analysts is to buy stock in Air Lease. This Buy consensus rating has held steady for over two years.
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.