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Southwest Airlines Co (NYSE:LUV) target price raised to $43.50, issued a report today by Vetr Inc.

Yesterday Southwest Airlines Co (NYSE:LUV) traded -1.22% lower at $38.06. The company’s 50-day moving average is $37.04 and its 200-day moving average is $40.80. The last stock close price is down -6.68% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 7,121,076 shares of the stock were exchanged, up from an average trading volume of 6,976,160

Southwest Airlines Co (NYSE:LUV) had its target price raised to $43.50 by Vetr Inc. in a report released 9/28/2016. The new target price indicates a possible upside of 0.14% based on the company's last stock close price.

Previously on 09/19/2016, Vetr Inc. reported about Southwest Airlines Co (NYSE:LUV) raised the target price from $0.00 to $40.67. At the time, this indicated a possible upside of 0.11%.

See Chart Below

Southwest Airlines Co (NYSE:LUV)

Southwest Airlines Co has a 52 week low of $33.96 and a 52 week high of $51.34 with a P/E ratio of 10.10 The company’s market cap is currently $0.

In addition to Vetr Inc. reporting its target price, a total of 14 firms have issued a report on the stock. The consensus target price is $54.82 with 6 firms rating the stock a strong buy, 6 firms rating the stock a buy, 4 firms rating the stock a hold, 0 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

General Information About Southwest Airlines Co (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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