Barclays analyst Brandon Oglenski maintained a Buy rating on Delta Air Lines (DAL – Research Report) today and set a price target of $52.00. The company’s shares closed yesterday at $45.88.
According to TipRanks, Oglenski is a 5-star analyst with an average return of 7.3% and a 54.38% success rate. Oglenski covers the Industrials sector, focusing on stocks such as Norfolk Southern, American Airlines, and FedEx.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Delta Air Lines with a $55.50 average price target, implying a 20.97% upside from current levels. In a report released yesterday, Bank of America Securities also reiterated a Buy rating on the stock with a $53.00 price target.
The company has a one-year high of $49.45 and a one-year low of $30.53. Currently, Delta Air Lines has an average volume of 10.34M.
Based on the recent corporate insider activity of 56 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAL in relation to earlier this year.
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Delta Air Lines (DAL) Company Description:
Georgia-based Delta Air Lines, Inc. is one of the major airlines of the United States and a legacy carrier. The company provides scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments.
Read More on DAL:
- Delta Air Lines price target raised to $85 from $77 at Morgan Stanley
- Airline bosses seek meetings with Boeing to address quality problems, WSJ says
- ‘Expecting Clearer Skies Ahead’: UBS Suggests 3 Airline Stocks to Buy With Double-Digit Upside
- Delta pilot to spend time in jail after showing up under the influence, WSJ says
- Delta Air Lines call volume above normal and directionally bullish
