Commonwealth Bank Reaffirms Underweight Rating for Virgin Australia Holdings (VAH)
Virgin Australia Holdings (ASX:VAH)‘s stock had its “underweight” rating reiterated by investment analysts at Commonwealth Bank in a note issued to investors on Thursday. They currently have a $261.00 target price on the stock.
Shares of Virgin Australia Holdings (ASX:VAH) remained flat at A$0.415 during during mid-day trading trading on Thursday. 295,422 shares of the company’s stock traded hands. Virgin Australia Holdings has a 52-week low of A$0.280 and a 52-week high of A$0.470. The stock’s 50-day moving average is A$0.40 and its 200-day moving average is A$0.39. The company’s market cap is A$1.469 billion.
Virgin Australia Holdings Limited (ASX:VAH) is engaged in the airline industry, both domestic and international.
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