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Enter Symbol:
 
Air Lease Corp (AL) [hlAlert]

Rating:
Sell AL
up 24.54 %

Air Lease Corp (AL) rated Sell with price target $37 by UBS

Posted on: Friday,  May 15, 2015  12:25 PM ET by UBS

UBS rated Sell Air Lease Corp (NYSE: AL) on 05/15/2015, when the stock price was $40.04. Since
then, Air Lease Corp has lost 19.71% as of 10/30/2015's recent price of $32.15.
If you would have followed this UBS's recommendation on AL, you would have gained 24.54% of your investment in 168 days.

Air Lease Corporation (ALC) is engaged in purchasing commercial aircraft. As of December 31, 2010, the Company owned 40 aircraft. Its fleet is consisted of aircraft, such as the Airbus A319/320/321 and the Boeing 737-700/800, and select wide body (twin-aisle) aircraft, such as the Airbus A330-200 and the Boeing 777-300ER. It leases its aircraft to airlines pursuant to net operating leases that require the lessee to pay for maintenance, insurance, taxes and all other aircraft operating expenses during the lease term, which includes fuel, crews, airport and navigation charges, and insurance.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/15/2015 12:25 PM Sell
None
40.04 37.00
as of 8/27/2015
1 Week up  2.04 %
1 Month up  11.70 %
3 Months up  20.04 %
1 YTD up  19.70 %

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