Shares of LATAM Airlines Group S.A. (NYSE:LTM) have received a consensus rating of “Hold” from the ten ratings firms that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and two have assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $10.75.

Several equities research analysts have issued reports on LTM shares. Zacks Investment Research lowered shares of LATAM Airlines Group from a “buy” rating to a “hold” rating in a report on Wednesday, April 12th. Goldman Sachs Group Inc raised shares of LATAM Airlines Group from a “sell” rating to a “neutral” rating and boosted their price target for the company from $8.40 to $13.00 in a report on Friday, April 7th. Morgan Stanley lowered shares of LATAM Airlines Group from an “equal weight” rating to an “underweight” rating in a report on Thursday, May 18th. Credit Suisse Group set a $9.00 price target on shares of LATAM Airlines Group and gave the company a “hold” rating in a report on Saturday, March 18th. Finally, TheStreet raised shares of LATAM Airlines Group from a “d+” rating to a “c-” rating in a report on Tuesday, March 28th.

LATAM Airlines Group (NYSE LTM) traded up 1.60% on Friday, hitting $12.04. 395,584 shares of the stock traded hands. LATAM Airlines Group has a 12-month low of $6.61 and a 12-month high of $13.72. The stock has a 50-day moving average of $11.38 and a 200-day moving average of $10.85. The firm has a market cap of $7.30 billion, a price-to-earnings ratio of 207.59 and a beta of 1.58.

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LATAM Airlines Group Company Profile

LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries.

Analyst Recommendations for LATAM Airlines Group (NYSE:LTM)

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