Cowen recorded Allegiant Travel (NASDAQ:ALGT), hiking its price target to $152.00 earlier today
- Updated: November 29, 2016
Boasting a price of $166.30, Allegiant Travel (NASDAQ:ALGT) traded -0.42% lower on the day. With the last stock price close up 17.14% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the same time. The company has recorded a 50-day moving average of $152.05 and a 200-day moving average of $141.97. 0 shares of the stock were exchanged, down from an average trading volume of 133,895
Stating a potential downside of -0.09%, Cowen bumped up the target of Allegiant Travel (NASDAQ:ALGT) to $152.00
On 11/22/2016, Imperial Capital released a statement for Allegiant Travel (NASDAQ:ALGT) bumped up the target price from $160.00 to $196.00 that suggested an upside of 0.20%.
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Allegiant Travel has a 52 week low of $121.70 and a 52 week high of $189.50 with a P/E ratio of 11.78 The company’s market cap is currently $0.
A total of 12 brokerages have issued a ratings update on Allegiant Travel. Four brokerages rating the company a strong buy, two brokerages rating the company a buy, seven brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of $192.58.
General Company Details For Allegiant Travel (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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