Copa Holdings, S.A. (NYSE:CPA) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research report issued to clients and investors on Friday.

A number of other equities analysts also recently commented on the stock. Zacks Investment Research raised shares of Copa Holdings, from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a research note on Tuesday, April 18th. TheStreet raised shares of Copa Holdings, from a “c” rating to a “b” rating in a research note on Thursday, February 16th. Wolfe Research raised shares of Copa Holdings, from an “underperform” rating to a “market perform” rating in a research note on Tuesday, January 31st. Finally, Evercore ISI raised shares of Copa Holdings, from a “sell” rating to a “hold” rating and raised their target price for the company from $75.00 to $100.00 in a research note on Friday, February 17th. Six investment analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company. Copa Holdings, has a consensus rating of “Buy” and an average price target of $100.54.

Analyst Recommendations for Copa Holdings, (NYSE:CPA)

Copa Holdings, (NYSE:CPA) traded down 0.24% during trading on Friday, hitting $108.64. 890,033 shares of the company’s stock traded hands. Copa Holdings, has a 12-month low of $48.57 and a 12-month high of $125.78. The firm’s 50-day moving average price is $116.58 and its 200 day moving average price is $102.11. The stock has a market cap of $4.61 billion, a P/E ratio of 14.33 and a beta of 1.55.

Copa Holdings, (NYSE:CPA) last issued its earnings results on Wednesday, May 10th. The transportation company reported $2.43 EPS for the quarter, beating the Zacks’ consensus estimate of $2.34 by $0.09. Copa Holdings, had a net margin of 11.42% and a return on equity of 10.56%. The business had revenue of $616.70 million for the quarter, compared to the consensus estimate of $621.16 million. During the same quarter last year, the firm posted $1.66 EPS. The business’s revenue for the quarter was up 10.6% compared to the same quarter last year. Analysts anticipate that Copa Holdings, will post $8.34 earnings per share for the current fiscal year.

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 15th. Investors of record on Wednesday, May 31st will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 1.87%. The ex-dividend date is Friday, May 26th. Copa Holdings,’s payout ratio is 35.05%.

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A number of large investors have recently added to or reduced their stakes in the stock. Bank of New York Mellon Corp raised its stake in Copa Holdings, by 26.1% in the third quarter. Bank of New York Mellon Corp now owns 84,376 shares of the transportation company’s stock worth $7,420,000 after buying an additional 17,451 shares during the last quarter. Lesa Sroufe & Co raised its stake in Copa Holdings, by 0.8% in the third quarter. Lesa Sroufe & Co now owns 61,891 shares of the transportation company’s stock worth $5,442,000 after buying an additional 467 shares during the last quarter. UBS Asset Management Americas Inc. purchased a new stake in Copa Holdings, during the third quarter worth $334,000. BlackRock Institutional Trust Company N.A. raised its stake in Copa Holdings, by 21.5% in the third quarter. BlackRock Institutional Trust Company N.A. now owns 340,936 shares of the transportation company’s stock worth $29,979,000 after buying an additional 60,274 shares during the last quarter. Finally, California State Teachers Retirement System raised its stake in Copa Holdings, by 0.9% in the third quarter. California State Teachers Retirement System now owns 68,356 shares of the transportation company’s stock worth $6,011,000 after buying an additional 600 shares during the last quarter. 70.64% of the stock is owned by institutional investors and hedge funds.

About Copa Holdings,

Copa Holdings, SA is a provider of airline passenger and cargo service through its principal operating subsidiaries, Compania Panamena de Aviacion, S. A. (Copa Airlines) and AeroRepublica, S. A. (Copa Colombia). The Company operates through air transportation segment. Copa Airlines operates from its position located in the Republic of Panama.

5 Day Chart for NYSE:CPA

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