The price target of DAL has been increased by the investment analysts working at The Goldman Sachs Group in a report published last Tuesday. According to said report, the price target has been increased from a sum of $35 to $47, with a rating of neutral assigned on the stocks of the company. It is advertised that the price target set by the brokerage firm is indicative of a 7.83% potential downside from the previous close of the company.
Stock Commentary of DAL
There have been quite a few research equities that have commented on the stocks of DAL. Deutsche Bank has already increased the rating of the company from hold to buy with a price target of $55 in a 1st March research report. Susquehanna Bancshares has reduced the price rating of the company from positive to neutral, along with a price target increased from $42 to $45 in a 14th January research note.
Morgan Stanley has increased the price target of the company from $51 to $55, along with a price rating of overweight in a 15th January research report. Vertical Research has also increased the rating of the company from hold to buy, along with a price target of $58 in a 15th January research report. In the end, Raymond James ended up setting a price rating of marker perform, after it was previously ‘outperform’.
One of the investment analysts covering the firm has given it a rating of sell, while eleven others have given the company a rating of hold. Currently, DAL has a hold rating with a $44.86 price target.
The stocks of DAL traded on Tuesday at $50.99. The moving average price of the company over 50 days is $44.31, while the moving average price of the company over 200 days is $38.01. The current ratio of DAL is 1.27, with a 1.23 quick ratio.