Air Lease Corp (NYSE:AL) has coverage initiated with a Buy rating

ME Staff
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Analyst Ratings For Air Lease Corp (NYSE:AL)

Today, Seaport Global Securities initiated coverage on Air Lease Corp (NYSE:AL) with a Buy.

There are 7 Buy Ratings, 2 Hold Ratings, 1 Strong Buy Ratings, 1 Sell Ratings on the stock.

The current consensus rating on Air Lease Corp (NYSE:AL) is Buy with a consensus target price of $55.9444 per share, a potential 28.40% upside.

Some recent analyst ratings include

  • 10/10/2018-Air Lease Corp (NYSE:AL) has coverage initiated with a Buy rating
  • 8/16/2018-Air Lease Corp (NYSE:AL) had its Buy rating reiterated by Bank of America with a $57.00 price target
  • 8/12/2018-Air Lease Corp (NYSE:AL) had its Buy rating reiterated by Compass Point with a $58.00 price target
  • 3/13/2018-Air Lease Corp (NYSE:AL) has coverage initiated with a Outperform ➝ Outperform rating

Recent Insider Trading Activity For Air Lease Corp (NYSE:AL)
Air Lease Corp (NYSE:AL) has insider ownership of 9.32% and institutional ownership of 86.61%.

  • On 9/13/2018 Grant A Levy, EVP, sold 15,000 with an average share price of $45.13 per share and the total transaction amounting to $676,950.00.
  • On 8/27/2018 John D Poerschke, EVP, sold 6,000 with an average share price of $46.90 per share and the total transaction amounting to $281,400.00.
  • On 8/21/2018 Marc H Baer, EVP, sold 10,000 with an average share price of $46.22 per share and the total transaction amounting to $462,200.00.
  • On 6/12/2018 Grant A Levy, EVP, sold 27,000 with an average share price of $45.05 per share and the total transaction amounting to $1,216,350.00.
  • On 6/7/2018 Marc H Baer, EVP, sold 5,000 with an average share price of $45.52 per share and the total transaction amounting to $227,600.00.
  • On 6/4/2018 John D Poerschke, EVP, sold 12,144 with an average share price of $44.98 per share and the total transaction amounting to $546,237.12.
  • On 3/16/2018 Grant A Levy, EVP, sold 10,000 with an average share price of $44.01 per share and the total transaction amounting to $440,100.00.

About Air Lease Corp (NYSE:AL)
Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines worldwide. The company also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. In addition, it provides fleet management services to investors and owners of aircraft portfolios. As of December 31, 2017, the company owned a fleet of 244 aircraft, including 188 narrowbody jet aircraft and 56 widebody jet aircraft. Air Lease Corporation was founded in 2010 and is based in Los Angeles, California.

Recent Trading Activity for Air Lease Corp (NYSE:AL)
Shares of Air Lease Corp closed the previous trading session at 43.57 −1.36 3.03% with 573700 shares trading hands.