LATAM Airlines Group S.A. (LTM) Given Average Recommendation of “Hold” by Brokerages
Shares of LATAM Airlines Group S.A. (NYSE:LTM) have received a consensus rating of “Hold” from the seven research firms that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation and three have assigned a hold recommendation to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $10.67.
LTM has been the topic of a number of recent research reports. TheStreet lowered shares of LATAM Airlines Group from a “c-” rating to a “d+” rating in a report on Friday, August 18th. Zacks Investment Research lowered shares of LATAM Airlines Group from a “buy” rating to a “hold” rating in a report on Thursday, August 10th.
Shares of LATAM Airlines Group (NYSE:LTM) traded up 1.77% during mid-day trading on Friday, hitting $13.81. 264,521 shares of the company’s stock traded hands. The company has a market cap of $8.37 billion, a PE ratio of 109.60 and a beta of 1.58. LATAM Airlines Group has a 52 week low of $8.07 and a 52 week high of $15.06. The firm has a 50-day moving average of $13.59 and a 200 day moving average of $12.40.
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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.
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