LATAM Airlines Group S.A. (LTM) Receives Consensus Rating of “Hold” from Analysts
LATAM Airlines Group S.A. (NYSE:LTM) has received a consensus recommendation of “Hold” from the ten ratings firms that are presently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating on the company. The average 1-year price objective among brokerages that have issued a report on the stock in the last year is $10.67.
Several equities research analysts have recently issued reports on the stock. Zacks Investment Research cut shares of LATAM Airlines Group from a “buy” rating to a “hold” rating in a research report on Wednesday, April 12th. Morgan Stanley cut shares of LATAM Airlines Group from an “equal weight” rating to an “underweight” rating in a research report on Thursday, May 18th. Finally, UBS AG cut shares of LATAM Airlines Group from a “neutral” rating to a “sell” rating in a research report on Wednesday, May 31st.
LATAM Airlines Group (NYSE LTM) traded down 0.08% during midday trading on Tuesday, reaching $12.24. The company’s stock had a trading volume of 363,389 shares. The firm has a market cap of $7.42 billion, a P/E ratio of 211.03 and a beta of 1.59. The firm has a 50 day moving average price of $11.54 and a 200-day moving average price of $11.38. LATAM Airlines Group has a 52 week low of $7.66 and a 52 week high of $13.72.
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.
Receive News & Ratings for LATAM Airlines Group S.A. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LATAM Airlines Group S.A. and related companies with MarketBeat.com's FREE daily email newsletter.