LATAM Airlines Group (LTM) Lowered to Underweight at JPMorgan Chase & Co.
JPMorgan Chase & Co. lowered shares of LATAM Airlines Group (NYSE:LTM) from a neutral rating to an underweight rating in a research note released on Monday, MarketBeat Ratings reports. They currently have $17.00 price objective on the transportation company’s stock.
A number of other research analysts also recently commented on LTM. Santander downgraded LATAM Airlines Group from a buy rating to a hold rating in a research note on Wednesday, December 6th. Zacks Investment Research upgraded LATAM Airlines Group from a hold rating to a strong-buy rating and set a $16.00 target price on the stock in a research note on Tuesday, December 26th. Citigroup downgraded LATAM Airlines Group from a neutral rating to a sell rating in a research note on Wednesday, February 7th. Finally, ValuEngine upgraded LATAM Airlines Group from a hold rating to a buy rating in a research note on Thursday, March 1st. Four analysts have rated the stock with a sell rating and five have assigned a hold rating to the company. The company presently has a consensus rating of Hold and an average price target of $15.33.
LATAM Airlines Group stock opened at $15.33 on Monday. LATAM Airlines Group has a 52 week low of $10.53 and a 52 week high of $17.39. The company has a market capitalization of $9,417.50, a PE ratio of 61.32 and a beta of 1.69.
COPYRIGHT VIOLATION NOTICE: This report was originally published by Watch List News and is the sole property of of Watch List News. If you are reading this report on another website, it was illegally stolen and reposted in violation of U.S. & international trademark and copyright legislation. The legal version of this report can be read at https://www.watchlistnews.com/latam-airlines-group-ltm-lowered-to-underweight-at-jpmorgan-chase-co/1954838.html.
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 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LATAM Airlines Group and related companies with MarketBeat.com's FREE daily email newsletter.