In a report released yesterday, Brandon Oglenski from Barclays maintained a Buy rating on Delta Airlines (DAL), with a price target of $65.00. The company’s shares closed last Monday at $53.10.
According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 7.6% and a 57.9% success rate. Oglenski covers the Services sector, focusing on stocks such as Expeditors International, Heartland Express, and American Airlines.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Delta Airlines with a $66.55 average price target, representing a 28.1% upside. In a report issued on September 30, Stephens also reiterated a Buy rating on the stock with a $75.00 price target.
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Delta Airlines’ market cap is currently $34.53B and has a P/E ratio of 7.93. The company has a Price to Book ratio of 2.47.
Based on the recent corporate insider activity of 62 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAL in relation to earlier this year.
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Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the following segments: Airline, Refinery. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment consists of jet fuel and non-jet fuel products.
