Controladora Vuela Co Avcn SA CV Given New $10.00 Price Target at Cowen and Company (VLRS)
Equities researchers at Cowen and Company increased their target price on shares of Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS) from $9.00 to $10.00 in a research report issued on Monday. The firm currently has an “outperform” rating on the stock. Cowen and Company’s target price points to a potential upside of 16.01% from the company’s current price.
Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS) traded up 2.67% on Monday, hitting $8.85. 287,320 shares of the company’s stock traded hands. Controladora Vuela Co Avcn SA CV has a 1-year low of $6.82 and a 1-year high of $15.94. The stock has a 50-day moving average of $8.62 and a 200-day moving average of $9.1. The company’s market cap is $885.3 million.
Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS) last issued its quarterly earnings data on Monday, July 28th. The company reported ($0.06) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.02. On average, analysts predict that Controladora Vuela Co Avcn SA CV will post $0.09 earnings per share for the current fiscal year.
Several other analysts have also recently commented on the stock. Analysts at Zacks upgraded shares of Controladora Vuela Co Avcn SA CV from a “neutral” rating to an “outperform” rating in a research note on Wednesday, July 16th. They now have a $9.70 price target on the stock. One analyst has rated the stock with a hold rating and four have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of $10.90.
Controladora Vuela Compania de Aviacion SAB de CV (NASDAQ:VLRS) is a Mexico-based company principally engaged in the airline passenger transportation industry.
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