Deutsche Bank Starts Air Lease Corp (AL) at Buy; Growth at a Reasonable Price
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Price: $65.00 --0%
Rating Summary:
13 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
13 Buy, 7 Hold, 1 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Deutsche Bank initiates coverage on Air Lease Corp (NYSE: AL) with a Buy. PT $30.00.
Deutsche analyst says, "We think the stock deserves to trade at a premium relative to the group given its superior earnings growth rate (68% for pretax income 2012/2011), lowest cost of capital, significant amount of “dry powder” for aircraft purchases and a management team that is second to none."
For more ratings news on Air Lease Corp click here and for the rating history of Air Lease Corp click here.
Shares of Air Lease Corp closed at $21.56 yesterday.
Deutsche analyst says, "We think the stock deserves to trade at a premium relative to the group given its superior earnings growth rate (68% for pretax income 2012/2011), lowest cost of capital, significant amount of “dry powder” for aircraft purchases and a management team that is second to none."
For more ratings news on Air Lease Corp click here and for the rating history of Air Lease Corp click here.
Shares of Air Lease Corp closed at $21.56 yesterday.
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