Delta Air Lines (DAL) Receives ‘Analyst’ Rating

Delta Air Lines (DAL) : 6 brokerage houses believe that Delta Air Lines (DAL) is a Strong Buy at current levels. 1 Analyst considers the fundamentals to be worthy of a Buy recommendation. 2 analysts believe that the current prices are in a balance with the stocks fundamentals, hence they propose Hold on Delta Air Lines (DAL). Zacks Investment Research suggests a Hold with a rank of 3.The median of all the 9 Wall Street Analysts endorse the stock as a Buy with a rating of 1.56.

Delta Air Lines (DAL) : The highest short term price target forecast on Delta Air Lines (DAL) is $60 and the lowest target price is $41. A total of 9 equity analysts are currently covering the company. The average price of all the analysts is $52.56 with a standard deviation of $5.73.


Also, Imperial Capital initiates coverage on Delta Air Lines (NYSE:DAL) In a research note issued to the investors, the brokerage major announces price-target of $41 per share.The shares have been rated In-line. The rating by the firm was issued on August 24, 2016.

Delta Air Lines (NYSE:DAL): After opening at $37.09, the stock dipped to an intraday low of $36.82 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $37.62 and the buying power remained strong till the end. The stock closed at $37.29 for the day, a gain of 0.46% for the day session. The total traded volume was 9,177,063. The stocks close on the previous trading day was $37.12.

Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Companys route network is centered on a system of hub and international gateway airports that it operates in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. The Companys segments include its Airline segment and Refinery segment. The Companys Airline segment provides scheduled air transportation for passengers and cargo and other ancillary airline services, including maintenance and repair services for third-parties. Its Refinery segment provides jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third-parties.

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