J.P. Morgan analyst Guilherme Mendes maintained a Buy rating on Spirit Airlines (SAVE – Research Report) today. The company’s shares closed today at $6.62.
According to TipRanks, Mendes is a 2-star analyst with an average return of 2.0% and a 66.67% success rate.
Spirit Airlines has an analyst consensus of Moderate Sell, with a price target consensus of $7.50.
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SAVE market cap is currently $703.9M and has a P/E ratio of -1.61.
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Spirit Airlines (SAVE) Company Description:
Spirit Airlines, Inc. is an airline that offers travel to price-conscious customers. The company’s customers start with an unbundled base fares that remove components included in the price of an airline ticket. The company was founded by Ned Homfeld in 1964 and is headquartered in Miramar, FL.
Read More on SAVE:
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- Citi says surprise Icahn stake could sustain JetBlue enthusiasm
- ‘Don’t Jump the Gun,’ Says Deutsche Bank About Spirit Airlines Stock
- Spirit Airlines pilots begin looking for other opportunities, Reuters reports
- JetBlue (NASDAQ:JBLU) Continues C-Suite Shakeup
