US Airways Group Upgraded to Buy by Jefferson Research (LCC)
US Airways Group (NYSE:LCC) was upgraded by analysts at Jefferson Research from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Tuesday, ARN reports.
A number of other firms have also recently commented on LCC. Analysts at CIBC reiterated a “buy” rating on shares of US Airways Group in a research note to investors on Monday. They now have a $15.00 price target on the stock. Separately, analysts at Imperial Capital reiterated a “buy” rating on shares of US Airways Group in a research note to investors on Thursday, October 24th. They now have a $24.00 price target on the stock. Finally, analysts at Cowen and Company raised their price target on shares of US Airways Group from $24.00 to $27.00 in a research note to investors on Thursday, October 24th. They now have an “outperform” rating on the stock. Three analysts have rated the stock with a sell rating, three have given a hold rating and ten have given a buy rating to the company’s stock. US Airways Group presently has a consensus rating of “Hold” and an average price target of $27.38.
Shares of US Airways Group (NYSE:LCC) opened at 22.01 on Tuesday. US Airways Group has a one year low of $10.10 and a one year high of $19.70. The stock has a 50-day moving average of $17.35 and a 200-day moving average of $16.88. The company has a market cap of $4.336 billion and a P/E ratio of 7.55.
US Airways Group (NYSE:LCC) last announced its earnings results on Wednesday, October 23rd. The company reported $1.16 earnings per share for the quarter, beating the analysts’ consensus estimate of $1.09 by $0.07. The company had revenue of $3.90 billion for the quarter, compared to the consensus estimate of $3.84 billion. During the same quarter last year, the company posted $0.98 earnings per share. US Airways Group’s revenue was up 9.1% compared to the same quarter last year. On average, analysts predict that US Airways Group will post $3.51 earnings per share for the current fiscal year.
US Airways Group, Inc operates and owns passenger and freight airline carrier. The Company allows consumers to obtain flight and fare information, as well as make reservations online.
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