Spirit AeroSystems Holdings, Inc. (SPR) has revealed that John Plueger, who serves as the CEO of Air Lease Corporation (AL, Financial), will be stepping down from its Board of Directors. After a decade of dedicated service, Plueger has chosen not to seek re-election. His departure will take effect at the company's annual meeting scheduled for May 23, 2025.
Plueger's tenure on the board has been marked by significant contributions to Spirit AeroSystems, and his departure signifies a pivotal change in the company's governance. The upcoming annual meeting will address this transition and potentially outline the future direction of the company's leadership structure.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 6 analysts, the average target price for Air Lease Corp (AL, Financial) is $54.50 with a high estimate of $67.00 and a low estimate of $45.00. The average target implies an upside of 26.86% from the current price of $42.96. More detailed estimate data can be found on the Air Lease Corp (AL) Forecast page.
Based on the consensus recommendation from 7 brokerage firms, Air Lease Corp's (AL, Financial) average brokerage recommendation is currently 2.4, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Air Lease Corp (AL, Financial) in one year is $50.04, suggesting a upside of 16.48% from the current price of $42.96. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Air Lease Corp (AL) Summary page.
