LATAM Airlines Group (LTM) Rating Increased to Buy at ValuEngine
ValuEngine upgraded shares of LATAM Airlines Group (NYSE:LTM) from a hold rating to a buy rating in a research report sent to investors on Thursday morning.
A number of other research analysts have also recently commented on the company. Zacks Investment Research raised 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. Santander cut LATAM Airlines Group from a buy rating to a hold rating in a research note on Wednesday, December 6th. TheStreet raised LATAM Airlines Group from a d+ rating to a c rating in a research note on Thursday, November 16th. Finally, Citigroup cut LATAM Airlines Group from a neutral rating to a sell rating in a research note on Wednesday, February 7th. Three investment analysts have rated the stock with a sell rating, four have given a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of $12.67.
LATAM Airlines Group (LTM) opened at $15.76 on Thursday. The company has a market capitalization of $9,556.97, a P/E ratio of 65.67 and a beta of 1.69. LATAM Airlines Group has a 52 week low of $9.79 and a 52 week high of $17.39.
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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.
To view ValuEngine’s full report, visit ValuEngine’s official website.
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