Southwest Airlines Company (LUV) : The consensus on Southwest Airlines Company (LUV) based on 12 analyst recommendation on the company stock is 1.83, which is interpreted as a Buy recommendation. Zacks Investment Research has issued a rank of 5 which endorses a Strong Sell on the stock. However, 7 brokers have a differing view as they consider the stock to be a Strong Buy at current levels. 5 experts consider that the stocks earnings and the quoted price is in harmony, hence, they give it a Hold rating.
Southwest Airlines Company (LUV) : The most positive equity analysts on Southwest Airlines Company (LUV) expects the shares to touch $64, whereas, the least positive believes that the stock will trade at $40 in the short term. The company is covered by 8 Wall Street Brokerage Firms. The average price target for shares are $49.13 with an expected fluctuation of $7.3 from the mean.
Also, Imperial Capital initiates coverage on Southwest Airlines Company (NYSE:LUV). The current rating of the shares is Outperform, according to the research report released by the firm. The brokerage firm announces the price target at $46 per share. The rating by the firm was issued on September 9, 2016.
Southwest Airlines Company (NYSE:LUV): After opening at $36.81, the stock dipped to an intraday low of $36.45 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $37.12 and the buying power remained strong till the end. The stock closed at $36.99 for the day, a gain of 0.41% for the day session. The total traded volume was 4,479,158. The stocks close on the previous trading day was $36.84.
Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website, southwest.com, enables purchasing and managing travel online. It offers southwest.com and swabiz.com in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and southwest.com/rebook.