Fly Leasing Limited – Consensus Indicates Potential 53.6% Upside

Broker Ratings

Fly Leasing Limited with ticker code (FLY) have now 4 analysts in total covering the stock. The consensus rating is ‘Buy’. The target price ranges between 17 and 8.5 with a mean TP of 12.63. Now with the previous closing price of 8.22 this would imply there is a potential upside of 53.6%. The 50 day moving average now sits at 7.28 and the 200 moving average now moves to 7.52. The company has a market capitalisation of $258m. Company Website: http://www.flyleasing.com

Fly Leasing Limited, through its subsidiaries, purchases and leases commercial aircraft under multi-year contracts to various airlines worldwide. As of December 31, 2019, it had a portfolio of 89 aircraft, including 74 narrow-body passenger aircraft and 9 wide-body passenger aircraft, as well as 7 engines. The company was founded in 2007 and is headquartered in Dun Laoghaire, Ireland.

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