Cowen & Co. analyst Helane Becker maintained a Buy rating on Spirit Airlines (SAVE) today and set a price target of $73. The company’s shares opened today at $56.92.
According to TipRanks.com, Becker is a top 100 analyst with an average return of 19.8% and a 71.8% success rate. Becker covers the Services sector, focusing on stocks such as Allegiant Travel Company, WestJet Airlines Ltd, and Southwest Airlines.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Spirit Airlines with a $77.22 average price target, a 35.7% upside from current levels. In a report issued on March 28, Imperial Capital also maintained a Buy rating on the stock with a $83 price target.
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The company has a one-year high of $65.35 and a one-year low of $34.36. Currently, Spirit Airlines has an average volume of 1.21M.
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Spirit Airlines, Inc. is an airline that offers travel to price-conscious customers. The company’s customers start with an unbundled unbundled base fares that remove components included in the price of an airline ticket. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.
