Bernstein analyst David Vernon maintained a Hold rating on Southwest Airlines (LUV – Research Report) today and set a price target of $27.00. The company’s shares closed yesterday at $28.76.
Vernon covers the Industrials sector, focusing on stocks such as Southwest Airlines, Canadian Pacific, and FedEx. According to TipRanks, Vernon has an average return of 6.8% and a 58.82% success rate on recommended stocks.
Southwest Airlines has an analyst consensus of Hold, with a price target consensus of $31.58, which is a 9.81% upside from current levels. In a report released today, Jefferies also upgraded the stock to a Hold with a $28.00 price target.
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LUV market cap is currently $20.16B and has a P/E ratio of 46.49.
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Southwest Airlines (LUV) Company Description:
Southwest Airlines Co. is a passenger airline which provides scheduled air transportation in the United States and near-international markets. As of Dec. 31, 2020, the air carrier operated a total fleet of 718 Boeing 737 aircrafts and covered 107 destinations.
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