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LATAM Airlines Group SA (ADR) (NYSE:LFL) was downgraded by investment analysts at Raymond James from an “outperform” rating to a “market perform” rating in a note issued to investors on Thursday, TheFlyOnTheWall.com reports.

Other equities research analysts have also recently issued reports about the stock. Analysts at Morgan Stanley reiterated an “underweight” rating on shares of LATAM Airlines Group SA (ADR) in a research note on Wednesday. They now have a $14.30 price target on the stock, down previously from $15.80. Separately, analysts at Zacks downgraded shares of LATAM Airlines Group SA (ADR) from a “neutral” rating to an “underperform” rating in a research note on Tuesday, May 6th. They now have a $14.40 price target on the stock. Finally, analysts at JPMorgan Chase & Co. cut their price target on shares of LATAM Airlines Group SA (ADR) from $18.00 to $17.50 in a research note on Monday, March 31st. Four investment analysts have rated the stock with a sell rating, one has given a hold rating and four have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus target price of $15.94.

LATAM Airlines Group SA (NYSE:LFL) opened at 14.87 on Thursday. LATAM Airlines Group SA has a 52 week low of $11.62 and a 52 week high of $19.88. The stock’s 50-day moving average is $15.21 and its 200-day moving average is $15.3. The company’s market cap is $7.959 billion.

LATAM Airlines Group SA (ADR) (NYSE:LFL) last posted its quarterly earnings results on Wednesday, April 16th. The company reported $0.22 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.26 by $0.04. Analysts expect that LATAM Airlines Group SA will post $0.76 EPS for the current fiscal year.

Latam Airlines Group SA is a Chile-based airline company. The Company and its affiliates provides domestic and international passenger services, as well as freight cargo services in Chile, Peru, Argentina, Colombia and Ecuador with a wide range of routes around America, Europe and Oceania.

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