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Southwest Airlines Co (NYSE:LUV) has been upgraded to Buy in a statement by Argus earlier today.

Boasting a price of $60.33, Southwest Airlines Co (NYSE:LUV) traded 0.65% higher on the day. With the last close up -5.36% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Southwest Airlines Co has recorded a 50-day average of $54.23 and a two hundred day average of $57.00. Volume of trade was up over the average, with 5,407,853 shares of LUV changing hands over the typical 5,282,720

Argus has upgraded Southwest Airlines Co (NYSE:LUV) to Buy in a statement released on 6/22/2017.

Performance Chart

Southwest Airlines Co (NYSE:LUV)

With a total market value of $0, Southwest Airlines Co has price-earnings ratio of 16.54 with a one year low of $36.31 and a one year high of $64.39 .

A total of 14 analysts have released a research note on LUV. Six analysts rating the company a strong buy, six analysts rating the company a buy, four analysts rating the company a hold, zero analysts rating the company a underperform, and finally zero analysts rating the company a sell with a one year target of $54.82.

More About Southwest Airlines Co (NYSE:LUV)

Southwest Airlines Co. (Southwest) operates Southwest Airlines, a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company provides point-to-point service. The Company offers ancillary service offerings, such as Southwest's EarlyBird Check-In and transportation of pets and unaccompanied minors, in accordance with Southwest's respective policies. Southwest's Rapid Rewards frequent flyer program enables program members (Members) to earn points for every dollar spent on Southwest fares. Its Internet Website, Southwest.com, is an avenue for Southwest customers to purchase and manage travel online. As of December 31, 2016, Southwest operated a total of 723 Boeing 737 aircraft and served 101 destinations in 40 states, the District of Columbia, the Commonwealth of Puerto Rico, and eight near-international countries: Mexico, Jamaica, The Bahamas, Aruba, Dominican Republic, Costa Rica, Belize, and Cuba.

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