Barclays analyst Brandon Oglenski assigned a Buy rating to Frontier Group Holdings (ULCC – Research Report) yesterday and set a price target of $7.00. The company’s shares closed yesterday at $6.22.
Oglenski covers the Industrials sector, focusing on stocks such as Norfolk Southern, Sun Country Airlines Holdings, and Hub Group. According to TipRanks, Oglenski has an average return of 5.6% and a 53.15% success rate on recommended stocks.
Currently, the analyst consensus on Frontier Group Holdings is a Hold with an average price target of $7.13.
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The company has a one-year high of $14.03 and a one-year low of $3.19. Currently, Frontier Group Holdings has an average volume of 2.83M.
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Frontier Group Holdings (ULCC) Company Description:
Frontier Group Holdings Inc is an ultra-low-cost carrier. It offers flights throughout the United States and to select international destinations in Mexico and the Caribbean. The company’s business model is based on its unique Low Fares Done Right strategy. Frontier Group operates a fleet of over 60 narrow-body Airbus A320 family aircraft.
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