Delta Air Lines PT Raised to $38.00 at CRT Capital (DAL)
Investment analysts at CRT Capital lifted their price objective on shares of Delta Air Lines (NYSE:DAL) from $36.00 to $38.00 in a note issued to investors on Wednesday, American Banking and Market News reports. The firm currently has a “buy” rating on the stock. CRT Capital’s target price would indicate a potential upside of 18.45% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Imperial Capital raised their price target on shares of Delta Air Lines from $35.00 to $42.00 in a research note to investors on Wednesday. They now have an “outperform” rating on the stock. Separately, analysts at Cowen and Company raised their price target on shares of Delta Air Lines from $34.00 to $37.00 in a research note to investors on Tuesday. They now have an “outperform” rating on the stock. Finally, analysts at Atlantic Securities initiated coverage on shares of Delta Air Lines in a research note to investors on Wednesday, January 8th. They set an “overweight” rating on the stock. Two investment analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company. The stock has an average rating of “Buy” and an average target price of $33.00.
Delta Air Lines (NYSE:DAL) opened at 32.08 on Wednesday. Delta Air Lines has a 1-year low of $13.16 and a 1-year high of $32.65. The stock’s 50-day moving average is $28.85 and its 200-day moving average is $24.. The company has a market cap of $27.300 billion and a price-to-earnings ratio of 12.87.
Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Tuesday, January 21st. The company reported $0.65 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.63 by $0.02. The company had revenue of $9.08 billion for the quarter, compared to the consensus estimate of $9.03 billion. During the same quarter last year, the company posted $0.28 earnings per share. Delta Air Lines’s revenue was up 5.6% compared to the same quarter last year. Analysts expect that Delta Air Lines will post $3.13 EPS for the current fiscal year.
Delta Air Lines, Inc (NYSE:DAL) provides scheduled air transportation for passengers and cargo throughout the United States and around the world.
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