In a report released today, Andrew Didora from Merrill Lynch reiterated a Buy rating on Mesa Air Group Inc (MESA), with a price target of $13. The company’s shares opened today at $5.84, close to its 52-week low of $5.35.
According to TipRanks.com, Didora is ranked #1598 out of 5239 analysts.
Currently, the analyst consensus on Mesa Air Group Inc is a Strong Buy with an average price target of $12, which is a 105.5% upside from current levels. In a report issued on August 8, B.Riley FBR also maintained a Buy rating on the stock with a $16 price target.
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Mesa Air Group Inc’s market cap is currently $190.6M and has a P/E ratio of 3.97. The company has a Price to Book ratio of 0.45.
Based on the recent corporate insider activity of 51 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MESA in relation to earlier this year.
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