In a report released yesterday, Jose Caiado from Credit Suisse reiterated a Buy rating on Alaska Air (ALK), with a price target of $83. The company’s shares closed yesterday at $65.23.
According to TipRanks.com, Caiado is a 1-star analyst with an average return of -1.5% and a 37.5% success rate. Caiado covers the Services sector, focusing on stocks such as Southwest Airlines, American Airlines, and JetBlue Airways.
Alaska Air has an analyst consensus of Moderate Buy, with a price target consensus of $79.73, representing a 22.2% upside. In a report issued on January 25, Imperial Capital also maintained a Buy rating on the stock with a $90 price target.
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The company has a one-year high of $74.83 and a one-year low of $57.28. Currently, Alaska Air has an average volume of 1.74M.
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Alaska Air Group, Inc. is a holding company, which through its subsidiaries, Alaska Airlines, Inc. and Horizon Air Industries, Inc., engages in the provision of air transportation services. It operates through three segments: Alaska Mainline, Alaska Regional and Horizon.
