Virgin Australia Holdings Ltd Stock Rating Reaffirmed by UBS AG (VAH)
Virgin Australia Holdings Ltd (ASX:VAH)‘s stock had its “neutral” rating reaffirmed by stock analysts at UBS AG in a report issued on Wednesday, AnalystRatingsNetwork reports. They currently have a $150.00 price objective on the stock.
Virgin Australia Holdings Ltd (ASX:VAH) traded up 2.22% on Wednesday, hitting A$0.460. The stock had a trading volume of 4,088,499 shares. Virgin Australia Holdings Ltd has a 52-week low of A$0.380 and a 52-week high of A$0.515. The stock’s 50-day moving average is A$0.42 and its 200-day moving average is A$0.43.
A number of other firms have also recently commented on VAH. Analysts at Deutsche Bank downgraded shares of Virgin Australia Holdings Ltd (ASX:VAH) to a “hold” rating in a research note to investors on Thursday, August 22nd. They now have a $50.00 price target on the stock, up previously from $30.00. Finally, analysts at CIMB downgraded shares of Virgin Australia Holdings Ltd (ASX:VAH) from a “neutral” rating to an “underperform” rating in a research note to investors on Friday, August 9th.
Virgin Australia Holdings Limited (ASX:VAH) is an Australia-based company engaged in the development and operation of domestic and international airlines.
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