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Copa Holdings (CPA) Has a New Rating from Goldman Sachs

Copa Holdings (CPAResearch Report) received a Buy rating and price target from Goldman Sachs analyst Bruno Amorim yesterday. The company’s shares closed yesterday at $92.91.

Amorim covers the Industrials sector, focusing on stocks such as Grupo Aeroportuario Del Centro, Azul SA, and Gol Linhas. According to TipRanks, Amorim has an average return of 8.9% and a 58.67% success rate on recommended stocks.

Currently, the analyst consensus on Copa Holdings is a Strong Buy with an average price target of $157.50, a 69.52% upside from current levels. In a report released on November 14, J.P. Morgan also maintained a Buy rating on the stock with a $175.00 price target.

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CPA market cap is currently $3.91B and has a P/E ratio of 10.54.

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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.

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