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Fly Leasing Limited (FLY) [hlAlert]

Rating:
Buy FLY
down 0.07 %

Fly Leasing Limited (FLY) rated Buy with price target $20 by Deutsche Bank

Posted on: Friday,  May 3, 2013  1:25 PM ET by Deutsche Bank

Deutsche Bank rated Buy Fly Leasing Limited (NYSE: FLY) on 05/03/2013. Previously Deutsche Bank rated Buy Fly Leasing Limited (NYSE: FLY) on
02/07/2013., when the stock price was $12.95. Since then, Fly Leasing Limited has lost 0.08% as of 01/21/2016's recent price of $12.94.
If you would have followed the previous Deutsche Bank's recommendation on FLY, you would have lost 0.07% of your investment in 1078 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.

Deutsche Bank is one of the largest European fund managers. DWS was founded in 1956 and is an integral part of the Asset Management division of Deutsche Bank. This division is one of the largest global asset managers.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/3/2013 1:25 PM Buy
None
16.18 20.00
as of 12/13/2013
1 Week up  0.71 %
1 Month up  5.90 %
3 Months up  14.04 %
1 YTD down  -4.63 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/7/2013 1:25 PM Buy
None
12.95 17.00

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