Here’s how analysts see Air Lease Corporation (NYSE:AL) after this past week.

April 17, 2018 - By Clifton Ray

Air Lease Corporation (NYSE:AL) LogoInvestors sentiment decreased to 1.09 in 2017 Q4. Its down 0.07, from 1.16 in 2017Q3. It dropped, as 22 investors sold Air Lease Corporation shares while 80 reduced holdings. 43 funds opened positions while 68 raised stakes. 89.49 million shares or 1.44% less from 90.80 million shares in 2017Q3 were reported.
Aurora Counsel accumulated 42,012 shares or 1.01% of the stock. Ubs Asset Management Americas has invested 0% in Air Lease Corporation (NYSE:AL). 23,207 are held by Baker Avenue Asset Mngmt Lp. Parametric Assocs Lc owns 0.01% invested in Air Lease Corporation (NYSE:AL) for 114,453 shares. Clearbridge Investments Lc has 0.05% invested in Air Lease Corporation (NYSE:AL) for 1.03M shares. Virtus Invest Advisers Incorporated accumulated 8,878 shares or 0% of the stock. Moreover, Parnassus Investments Ca has 0.08% invested in Air Lease Corporation (NYSE:AL) for 446,000 shares. Goldman Sachs invested 0% of its portfolio in Air Lease Corporation (NYSE:AL). Basswood Cap Management Ltd reported 732,507 shares stake. Davenport And Co Limited Liability Company holds 0.01% or 11,325 shares in its portfolio. Homrich Berg reported 8,065 shares. Aqr Cap Management Ltd has invested 0.03% in Air Lease Corporation (NYSE:AL). Manufacturers Life Insurance Co The has 0% invested in Air Lease Corporation (NYSE:AL) for 4,544 shares. Gradient Invs Ltd Llc has 11,036 shares. Williams Jones & Ltd Liability Co has invested 0.45% in Air Lease Corporation (NYSE:AL).

Since December 13, 2017, it had 0 insider buys, and 11 sales for $8.74 million activity. Chen Jie also sold $195,229 worth of Air Lease Corporation (NYSE:AL) on Thursday, February 1. Shares for $1.09M were sold by UDVAR-HAZY STEVEN F. 2,000 shares valued at $89,980 were sold by Korde Kishore on Friday, December 15. Levy Grant A also sold $440,050 worth of Air Lease Corporation (NYSE:AL) on Friday, March 16.

Air Lease Corporation (NYSE:AL) Ratings Coverage

Among 9 analysts covering Air Lease (NYSE:AL), 6 have Buy rating, 1 Sell and 2 Hold. Therefore 67% are positive. Air Lease had 16 analyst reports since October 19, 2017 according to SRatingsIntel. The stock has “Buy” rating by RBC Capital Markets on Monday, January 8. The rating was maintained by RBC Capital Markets on Thursday, November 2 with “Buy”. The rating was maintained by Cowen & Co on Friday, November 10 with “Outperform”. The firm earned “Outperform” rating on Friday, November 10 by Credit Suisse. The company was upgraded on Friday, March 9 by Bank of America. UBS maintained it with “Sell” rating and $32 target in Wednesday, February 21 report. Citigroup initiated Air Lease Corporation (NYSE:AL) rating on Friday, December 8. Citigroup has “Hold” rating and $46.0 target. The rating was maintained by Morgan Stanley on Thursday, April 12 with “Equal-Weight”. The rating was maintained by Citigroup on Wednesday, February 28 with “Neutral”. As per Monday, November 13, the company rating was maintained by Morgan Stanley. Below is a list of Air Lease Corporation (NYSE:AL) latest ratings and price target changes.

12/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $47 New Target: $48 Maintain
09/03/2018 Broker: Bank of America Rating: Buy New Target: $56.0 Upgrade
06/03/2018 Broker: JP Morgan Old Rating: Overweight New Rating: Overweight Old Target: $48 New Target: $54.5 Maintain
28/02/2018 Broker: Citigroup Old Rating: Neutral New Rating: Neutral Old Target: $46 New Target: $49 Maintain
23/02/2018 Broker: RBC Capital Markets Rating: Buy New Target: $87.0 Maintain
23/02/2018 Broker: Credit Suisse Old Rating: Outperform New Rating: Outperform Old Target: $55 New Target: $57 Maintain
21/02/2018 Broker: UBS Old Rating: Sell New Rating: Sell Old Target: $31 New Target: $32 Maintain
08/01/2018 Broker: RBC Capital Markets Rating: Buy New Target: $81.0 Maintain
02/01/2018 Broker: Stephens Rating: Buy New Target: $61.0 Maintain
08/12/2017 Broker: Citigroup Rating: Hold New Target: $46.0 Initiate

The stock decreased 0.82% or $0.35 during the last trading session, reaching $42.23. About 107,085 shares traded. Air Lease Corporation (NYSE:AL) has risen 11.24% since April 17, 2017 and is uptrending. It has underperformed by 0.31% the S&P500.

Air Lease Corporation, an aircraft leasing company, engages in the purchase and leasing of commercial jet transport aircraft to airlines in Asia, the Pacific Rim, Latin America, the Middle East, Europe, Africa, and North America. The company has market cap of $4.39 billion. The firm also sells aircraft from its operating lease portfolio to third parties, including other leasing companies, financial services companies, and airlines. It has a 6.19 P/E ratio. In addition, it provides fleet management services to investors and owners of aircraft portfolios.

Air Lease Corporation (NYSE:AL) Ratings Chart

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