In a report released yesterday, Stephen Trent from Citi reiterated a Buy rating on Copa Holdings (CPA – Research Report), with a price target of $140.00. The company’s shares closed last Friday at $88.31.
Trent covers the Industrials sector, focusing on stocks such as American Airlines, Delta Air Lines, and Southwest Airlines. According to TipRanks, Trent has an average return of 12.5% and a 50.80% success rate on recommended stocks.
Currently, the analyst consensus on Copa Holdings is a Strong Buy with an average price target of $147.75, implying a 67.31% upside from current levels. In a report released on September 18, J.P. Morgan also maintained a Buy rating on the stock with a $170.00 price target.
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CPA market cap is currently $2.81B and has a P/E ratio of 10.18.
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Copa Holdings (CPA) Company Description:
Copa Holdings SA engages in provision of air transportation. It involves in an airline operation which provides passenger and cargo services through the Copa Airlines and Copa Colombia principal operating subsidiaries. The company offers international flights to Costa Rica, Jamaica, Colombia and other cities. Copa Holdings was founded in 1947 and is headquartered in Panama.
Read More on CPA:
- Copa Holdings price target raised to $170 from $160 at JPMorgan
- Azul upgraded to Overweight from Neutral at JPMorgan
- Copa Holdings reports August passenger traffic rose 13.3% y/y
- Copa Holdings reports preliminary July traffic up 12.5%, capacity up 9.9%
- Copa Holdings price target lowered to $125 from $130 at TD Cowen
