Bank of America Securities analyst Andrew Didora maintained a Hold rating on Southwest Airlines (LUV – Research Report) today and set a price target of $1.56. The company’s shares opened today at $28.09.
According to TipRanks, Didora is an analyst with an average return of -7.0% and a 52.80% success rate. Didora covers the Industrials sector, focusing on stocks such as American Airlines, Southwest Airlines, and Spirit Airlines.
Currently, the analyst consensus on Southwest Airlines is a Moderate Buy with an average price target of $30.18, representing a 7.46% upside. In a report released on April 9, Susquehanna also maintained a Hold rating on the stock with a $27.00 price target.
Based on Southwest Airlines’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.82 billion and a GAAP net loss of $252 million. In comparison, last year the company earned a revenue of $6.17 billion and had a GAAP net loss of $220 million
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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.
Read More on LUV:
- Southwest Airlines Stock (NYSE:LUV): Set to Fly as Travel Trends Shift
- Southwest price target lowered to $27 from $30 at Susquehanna
- Boeing (NYSE:BA): Another Mishap, Another Investigation
- FAA to investigate engine cowling loss on Southwest Boeing 737-800, Reuters says
- Southwest nominates 14 candidates to stand for election for board
