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.

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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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