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Analysts Offer Insights on Industrial Goods Companies: Air Lease (AL) and Air Canada (OtherACDVF)

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Air Lease (ALResearch Report) and Air Canada (ACDVFResearch Report) with bullish sentiments.

Air Lease (AL)

In a report issued on February 16, James Fotheringham from BMO Capital maintained a Buy rating on Air Lease, with a price target of $55.00. The company’s shares closed last Friday at $41.07.

According to TipRanks.com, Fotheringham is a 5-star analyst with an average return of 12.1% and a 63.7% success rate. Fotheringham covers the Financial sector, focusing on stocks such as Discover Financial Services, Bread Financial Holdings, and Capital One Financial.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Air Lease with a $53.20 average price target, representing a 24.2% upside. In a report issued on February 15, Goldman Sachs also reiterated a Buy rating on the stock with a $62.00 price target.

See the top stocks recommended by analysts >>

Air Canada (ACDVF)

BMO Capital analyst Fadi Chamoun maintained a Buy rating on Air Canada yesterday and set a price target of C$32.00. The company’s shares closed last Friday at $13.36.

According to TipRanks.com, Chamoun is a 5-star analyst with an average return of 15.7% and a 65.4% success rate. Chamoun covers the Industrial Goods sector, focusing on stocks such as Canadian National Railway, TFI International, and Norfolk Southern.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Air Canada with a $22.38 average price target, a 56.5% upside from current levels. In a report issued on February 8, TD Cowen also maintained a Buy rating on the stock with a C$30.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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