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Enter Symbol:
 
Fly Leasing Limited (FLY) [hlAlert]

Rating:
Buy FLY
up 5.97 %

Fly Leasing Limited (FLY) rated Buy with price target $16 by Maxim Group

Posted on: Thursday,  Jun 21, 2012  9:25 AM ET by Maxim Group

Maxim Group rated Buy Fly Leasing Limited (NYSE: FLY) on 06/21/2012, when the stock price was $12.21. Since
then, Fly Leasing Limited has gained 5.98% as of 01/21/2016's recent price of $12.94.
If you would have followed this Maxim Group's recommendation on FLY, you would have gained 5.97% of your investment in 1309 days.

Babcock & Brown Air Limited (B&B Air) is a global lessor of commercial jet aircraft. The Company?s aircraft are leased under long-term to medium-term contracts to a group of airlines worldwide. The Company was formed to acquire, finance, lease and sell commercial jet aircraft and other aviation assets directly or indirectly through its subsidiaries. The Company subsidiaries include Babcock & Brown Air Funding I Limited (B&B Air Funding) and Babcock & Brown Air Acquisition I Limited (B&B Air Acquisition). The Company?s portfolio is spread across 36 different airlines in 19 countries. As of December 31, 2008, B&B Air?s aircraft portfolio consisted of 62 commercial jet aircraft with 58 narrow-body passenger aircraft (including two freighters) and four wide-body passenger aircraft. As of December 31, 2008, the Company had 34 Boeing aircraft and 28 Airbus aircraft in its fleet.

At Maxim Group, our vision for equity research is to be a client’s first call for value-added research on companies not widely followed by Wall Street. Maxim’s premier niche is emerging-growth companies in a variety of sectors, including healthcare, technology, retail and others. As strong believers in fundamental research, our analysts utilize a “bottom up” approach to making investment recommendations. We combine rigorous financial analysis of specific companies and industries with due diligence that includes frequent consults with suppliers, customers, competitors and senior management. By applying these skills and techniques, we are able to offer our clients differentiated research.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
6/21/2012 9:25 AM Buy
None
12.21 16.00
as of 12/31/2012
1 Week up  1.98 %
1 Month up  0.08 %
3 Months down  -8.80 %
1 YTD up  0.90 %

(*) Stock Price at the time of the recommendation.
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