LATAM Airlines Group SA Price Target Lowered to $14.00 at Evercore Partners (LFL)
Equities research analysts at Evercore Partners dropped their price objective on shares of LATAM Airlines Group SA (NYSE:LFL) from $16.00 to $14.00 in a research note issued to investors on Thursday. Evercore Partners’ price target would indicate a potential upside of 18.74% from the company’s current price.
Separately, analysts at Bank of America downgraded shares of LATAM Airlines Group SA from a “buy” rating to a “neutral” rating in a research note on Monday, July 21st. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $15.86.
Shares of LATAM Airlines Group SA (NYSE:LFL) opened at 11.56 on Thursday. LATAM Airlines Group SA has a 52 week low of $11.46 and a 52 week high of $17.39. The stock has a 50-day moving average of $12.71 and a 200-day moving average of $14.18. The company’s market cap is $6.307 billion.
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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