Allegiant Travel Company (NASDAQ:ALGT) has been upgraded to Buy in a statement by Buckingham Research earlier today.
- Updated: September 24, 2016
Boasting a price of $127.87, Allegiant Travel Company (NASDAQ:ALGT) traded 4.56% higher on the day. With the last close down -10.24% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Allegiant Travel Company has recorded a 50-day average of $133.44 and a two hundred day average of $148.95. Trade Volume was up over the average, with 235,054 shares of ALGT changing hands over the typical 173,202
Buckingham Research has upgraded Allegiant Travel Company (NASDAQ:ALGT) to Buy in a statement released on 09/23/2016.
Recent Performance Chart
Allegiant Travel Company has 52 week low of $121.70 and a 52 week high of $228.79 with a PE ratio of 9.52 and has a market capitalization of $0.
In addition to Buckingham Research reporting its stock price target, a total of 12 firms have reported on the company. The average stock price target is $192.58 with four equity analysts rating the company a strong buy, 2 analysts rating the company a buy, seven brokers rating the stock a hold, zero brokerages rating the company a underperform, and lastly 0 firms rating the company a sell.
More About Allegiant Travel Company (NASDAQ:ALGT)
Allegiant Travel Company is a leisure travel company. The Company is focused on providing travel services and products to residents of under-served cities in the United States. Its products and services include scheduled service air transportation, air-related ancillary products and services, third-party ancillary products and services, fixed fee contract air transportation and other revenue. It provides scheduled air transportation on limited-frequency non-stop flights between under-served cities and leisure destinations. It provides unbundled air-related services and products with air transportation. The Company offers third-party travel products, such as hotel rooms, ground transportation and show tickets. Its fixed fee contract air transportation includes providing air transportation through fixed fee agreements and charter service on a year-round and ad-hoc basis. The Company's other revenue includes leased out aircraft and flight equipment, and other miscellaneous sources.
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