In a report issued on July 13, Joseph DeNardi from Stifel Nicolaus maintained a Buy rating on Delta Airlines (NYSE: DAL), with a price target of $95. The company’s shares closed on Friday at $50.77.
According to TipRanks.com, DeNardi is a 5-star analyst with an average return of 17.7% and a 71.8% success rate. DeNardi covers the Services sector, focusing on stocks such as Allegiant Travel Company, United Continental, and Hawaiian Holdings.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Delta Airlines with a $69.43 average price target, a 36.8% upside from current levels. In a report issued on July 11, Imperial Capital also reiterated a Buy rating on the stock with a $68 price target.
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The company has a one-year high of $60.79 and a one-year low of $44.59. Currently, Delta Airlines has an average volume of 6.79M.
Based on the recent corporate insider activity of 68 insiders, corporate insider sentiment is negative on the stock. Last month, Joanne D. Smith, the EVP HR of DAL sold 12,000 shares for a total of $654,000.
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.
Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the folllowing segments: Airline, Refinery, and Intersegment Sales and Other. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment consists of jet fuel and non-jet fuel products.
