Delta Air Lines (DAL) Receives Price Target

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.

Delta Air Lines (DAL) : Zacks Investment Research ranks Delta Air Lines (DAL) as 5, which is a Strong Sell recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.56, which indicates as a Buy.


Also, Imperial Capital initiates coverage on Delta Air Lines (NYSE:DAL).The analysts at the brokerage house have a current rating of In-line on the shares. In a recent information released to the investors, Imperial Capital announces the price target of $41 per share. The rating by the firm was issued on August 24, 2016.

Delta Air Lines (NYSE:DAL): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.00 and $36.32 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $37.15. The buying momentum continued till the end and the stock did not give up its gains. It closed at $36.82, notching a gain of 0.19% for the day. The total traded volume was 7,127,369 . The stock had closed at $36.75 on the previous day.

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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