Zacks Upgrades Republic Airways Holdings to “Outperform” (RJET)
Republic Airways Holdings (NASDAQ:RJET) was upgraded by Zacks from a “neutral” rating to an “outperform” rating in a research report issued on Tuesday, American Banking & Market News reports. The firm currently has a $14.20 price target on the stock. Zacks‘ price target points to a potential upside of 19.38% from the company’s current price.
Separately, analysts at Imperial Capital downgraded shares of Republic Airways Holdings (NASDAQ:RJET) from an “outperform” rating to an “in-line” rating in a research note to investors on Wednesday, September 25th. They now have a $14.00 price target on the stock, up previously from $12.50. One investment analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the stock. The stock presently has an average rating of “Hold” and a consensus target price of $13.05.
Shares of Republic Airways Holdings (NASDAQ:RJET) traded up 5.00% on Tuesday, hitting $12.49. 738,253 shares of the company’s stock traded hands. Republic Airways Holdings has a 52-week low of $4.41 and a 52-week high of $13.92. The stock’s 50-day moving average is $12. and its 200-day moving average is $11.55. The company has a market cap of $616.2 million and a P/E ratio of 9.86.
Republic Airways Holdings Inc is a holding company. The Company offers scheduled passenger services through its wholly-owned operating air carrier subsidiaries: Chautauqua Airlines, Inc (NASDAQ:RJET), Shuttle America Corporation (Shuttle), Republic Airline Inc (Republic Airline) and Frontier Airlines, Inc (Frontier).
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