Deutsche Bank analyst Michael Linenberg maintained a Hold rating on Frontier Group Holdings (ULCC – Research Report) today and set a price target of $7.00. The company’s shares closed yesterday at $6.22.
Linenberg covers the Industrials sector, focusing on stocks such as Allegiant Travel Company, Sun Country Airlines Holdings, and Alaska Air. According to TipRanks, Linenberg has an average return of 8.2% and a 52.26% success rate on recommended stocks.
In addition to Deutsche Bank, Frontier Group Holdings also received a Hold from Bank of America Securities’s Andrew Didora in a report issued today. However, yesterday, Barclays assigned a Buy rating to Frontier Group Holdings (NASDAQ: ULCC).
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ULCC market cap is currently $1.14B and has a P/E ratio of -106.87.
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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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