Southwest Air (NYSE:LUV) price target upped to $51.00, released a ratings update earlier today by Bernstein
- Updated: October 16, 2016
Bernstein bumped up the target of Southwest Air (NYSE:LUV) to $51.00 indicating a potential upside of 0.28%.
Boasting a price of $39.77, Southwest Air (NYSE:LUV) traded -0.15% lower on the day. With the last stock price close down 2.14% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Southwest Air has recorded a 50-day average of $38.02 and a two hundred day average of $40.45. Volume of trade was up over the average, with 7,296,827 shares of LUV changing hands over the typical 7,262,400
With a total market value of $0, Southwest Air has P/E ratio of 10.96 with a 52 week low of $33.96 and a one year high of $51.34 .
A total of 14 brokers have reported on the stock. 6 brokerages rating the stock a strong buy, 6 brokers rating the company a buy, four equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero firms rating the stock a sell with a consensus target price of $54.82.
General Company Details For Southwest Air (NYSE:LUV)
Southwest Airlines Co. (Southwest) operates Southwest Airlines. Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves approximately 100 destinations in over 40 states, such as the District of Columbia, the Commonwealth of Puerto Rico, and approximately seven near-international countries, including Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, and Belize. The Company added its first three destinations in Central America (San Jose, Costa Rica, Belize City, Belize, and Liberia, Costa Rica) and also commenced Southwest service to a fourth destination in Mexico (Puerto Vallarta). Southwest operates a total of approximately 704 Boeing 737 aircraft. The Company also added approximately 20 domestic nonstop destinations from Dallas Love Field. Southwest offers a total of 180 weekday departures to 50 nonstop destinations from Dallas Love Field.
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