Copa Holdings, PT Raised to $168.00 at JPMorgan Chase & Co. (CPA)
Stock analysts at JPMorgan Chase & Co. lifted their target price on shares of Copa Holdings, (NYSE:CPA) from $163.00 to $168.00 in a report issued on Friday. The firm currently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 33.66% from the company’s current price.
A number of other analysts have also recently weighed in on CPA. Analysts at Deutsche Bank cut their price target on shares of Copa Holdings, from $180.00 to $165.00 in a research note on Friday, August 8th. Separately, analysts at Itau BBA Securities upgraded shares of Copa Holdings, from a “market perform” rating to an “outperform” rating in a research note on Friday, August 8th. They now have a $155.00 price target on the stock. Finally, analysts at Cowen and Company cut their price target on shares of Copa Holdings, from $170.00 to $160.00 in a research note on Friday, August 8th. They now have an “outperform” rating on the stock. Four equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $162.40.
Shares of Copa Holdings, (NYSE:CPA) traded down 0.50% on Friday, hitting $125.06. The stock had a trading volume of 23,436 shares. Copa Holdings, has a 52-week low of $121.11 and a 52-week high of $162.83. The stock’s 50-day moving average is $145.7 and its 200-day moving average is $139.4. The company has a market cap of $5.554 billion and a P/E ratio of 10.97.
Copa Holdings, (NYSE:CPA) last released its earnings data on Wednesday, August 6th. The company reported $2.61 earnings per share for the quarter, beating the analysts’ consensus estimate of $2.22 by $0.39. The company had revenue of $673.60 million for the quarter, compared to the consensus estimate of $673.02 million. During the same quarter last year, the company posted $1.92 earnings per share. Copa Holdings,’s revenue was up 13.8% compared to the same quarter last year. Analysts expect that Copa Holdings, will post $11.03 EPS for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Monday, September 15th. Investors of record on Friday, August 29th will be paid a dividend of $0.96 per share. This represents a $3.84 annualized dividend and a dividend yield of 3.06%. The ex-dividend date is Wednesday, August 27th.
Copa Holdings, SA (NYSE:CPA) is a Latin American provider of airline passenger and cargo service through its two principal operating subsidiaries, Copa Airlines and Copa Colombia.
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