Virgin America (VA) : Analyst Rating Update

Virgin America (VA) : The consensus on Virgin America (VA) based on 8 analyst recommendation on the company stock is 3.25, which is interpreted as a Hold recommendation. Zacks Investment Research has issued a rank of 4 which endorses a Sell on the stock. However, 7 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating. 1 analyst sees the stock overvalued at current levels and advises a Strong Sell on the stock.

Virgin America (VA) : Average target price received by Virgin America (VA) is $51.13 with an expected standard deviation of $9.22. The most aggressive target on the stock is $57, whereas the most downbeat target is $32. 8 financial analysts are currently covering the stock.

Virgin America (NASDAQ:VA): The stock opened at $56.35 on Wednesday but the bulls could not build on the opening and the stock topped out at $56.44 for the day. The stock traded down to $56.13 during the day, due to lack of any buying support eventually closed down at $56.28 with a loss of -0.28% for the day. The stock had closed at $56.44 on the previous day. The total traded volume was 272,943 shares.

Also, Equity Analysts at the Barclays downgrades the rating on Virgin America (NASDAQ:VA). The brokerage firm has issued a Equal-weight rating on the shares. The shares were previously rated Overweight. The Analysts at the ratings agency raises the price target from $44 per share to $56 per share. The rating by the firm was issued on April 15, 2016. The company shares have rallied 111.07% from its 1 Year high price. On Jul 5, 2016, the shares registered one year high at $56.54 and the one year low was seen on Feb 8, 2016. The 50-Day Moving Average price is $55.99 and the 200 Day Moving Average price is recorded at $43.40.

Virgin America Inc. is an airline that provides scheduled air travel in the United States and Mexico. The Company operates from Los Angeles and San Francisco with a presence at Dallas Love Field (DAL) to other destinations in North America. It provides service to approximately 21 airports in the United States and Mexico with a fleet of 53 narrow-body aircraft. It offers three levels of service: First Class, Main Cabin Select and Main Cabin. First Class level of service includes eight-seat cabin with an inflight teammate to provide service, 165 degree reclining leather seat with massage functions and 55 inches of pitch between rows, among others. Main Cabin Select includes 38 inches of pitch for leg room, individual Red inflight entertainment system at every seatback and one free checked bag, among others. Main Cabin includes 32 or 33 inches of pitch, individual Red inflight entertainment system at every seatback and complimentary live television, among others.

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