Southwest Airlines Company (LUV) : Currently there are 7 street experts covering Southwest Airlines Company (LUV) stock. The most bullish and bearish price target for the stock is $64 and $40 respectively for the short term. The average price target of all the analysts comes to $49.57. The estimated standard deviation from the target is $7.76.
Southwest Airlines Company (LUV) : The consensus on Southwest Airlines Company (LUV) based on 11 analyst recommendation on the company stock is 1.91, 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, 6 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.
Also, JP Morgan downgrades its rating on Southwest Airlines Company (NYSE:LUV). Analysts at the JP Morgan have a current rating of Neutral on the shares. The shares were previously rated Overweight. The rating by the firm was issued on July 27, 2016.
Southwest Airlines Company (NYSE:LUV): The stock opened at $36.88 on Thursday but the bulls could not build on the opening and the stock topped out at $37.25 for the day. The stock traded down to $36.41 during the day, due to lack of any buying support eventually closed down at $36.59 with a loss of -0.79% for the day. The stock had closed at $36.88 on the previous day. The total traded volume was 4,781,378 shares.
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.