Analyst Moshe Orenbuch of TD Cowen maintained a Buy rating on Air Lease, boosting the price target to $67.00.
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Moshe Orenbuch has given his Buy rating due to a combination of factors, primarily focusing on Air Lease’s recent financial developments and strategic positioning. The company has successfully secured a significant insurance recovery, which will positively impact its financial statements in the second quarter of 2025. This recovery will enhance Air Lease’s book value per share and improve its leverage ratio, aligning it closer to its target.
Additionally, the improved leverage ratio and increased book value per share position Air Lease favorably for potential capital actions, such as share buybacks. The stock currently trades below its book value, making buybacks an attractive option. Orenbuch’s increased price target reflects confidence in Air Lease’s ability to capitalize on these financial improvements and strategic opportunities, supporting his Buy rating.
Orenbuch covers the Financial sector, focusing on stocks such as SLM, Capital One Financial, and Bread Financial Holdings. According to TipRanks, Orenbuch has an average return of 23.5% and a 71.91% success rate on recommended stocks.