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Delta Air Lines, Inc. (NYSE:DAL) target price raised to $40.40, reported today by Vetr Inc.

Yesterday Delta Air Lines, Inc. (NYSE:DAL) traded 1.88% higher at $39.31. The company’s 50-day moving average is $38.28 and its 200-day moving average is $40.40. The last stock close price is down -0.95% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 24,274,131 shares of the stock were exchanged, up from an average trading volume of 10,115,200

Delta Air Lines, Inc. (NYSE:DAL) had its target price raised to $40.40 by Vetr Inc. in a report released Thursday October 13, 2016. The new target price indicates a possible upside of 0.03% based on the company's last stock close price.

Previously on Tuesday October 11, 2016, Vetr Inc. reported about Delta Air Lines, Inc. (NYSE:DAL) raised the target price from $0.00 to $41.66. At the time, this indicated a possible upside of 0.04%.

See Chart Below

Delta Air Lines, Inc. (NYSE:DAL)

Delta Air Lines, Inc. has a 52 week low of $32.60 and a 52 week high of $52.77 with a P/E ratio of 6.52 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 13 firms have reported on the stock. The consensus target price is $57.92 with 6 firms rating the stock a strong buy, 8 firms rating the stock a buy, 1 firm rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About Delta Air Lines, Inc. (NYSE:DAL)

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company's operates through segments, including Airline Segment and Refinery Segment. The Airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and other ancillary airline services. The Refinery Segment produces gasoline, diesel and jet fuel. Its wholly owned subsidiaries, Monroe Energy, LLC and MIPC, LLC operate the Trainer refinery and related assets located near Philadelphia, Pennsylvania. The Company also offers cargo services, aircraft maintenance, repair and overhaul (MRO), staffing services for third parties, vacation wholesale operations and private jet operations.

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