Virgin America (NASDAQ:VA) has been upgraded from Underweight to Neutral in a statement by JPMorgan earlier today.
- Updated: October 11, 2016
JPMorgan has upgraded Virgin America (NASDAQ:VA) from Underweight to Neutral in a statement released on 10/11/2016.
On 9/27/2016, Vetr Inc. released a statement for Virgin America (NASDAQ:VA) bumped up the target price from $0.00 to $50.27 that suggested a downside of -0.06%.
Boasting a price of $52.35, Virgin America (NASDAQ:VA) traded -0.33% lower on the day. With the last stock price close down -5.13% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Virgin America has recorded a 50-day average of $54.92 and a two hundred day average of $55.00. Volume of trade was down over the average, with 189,829 shares of VA changing hands under the typical 738,569
With a total market value of $0, Virgin America has price-earnings ratio of 7.31 with a one year low of $26.30 and a one year high of $56.54 .
A total of 9 equity analysts have released a ratings update on VA. zero equity analysts rating the company a strong buy, zero equity analysts rating the company a buy, zero equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $53.22.
Brief Synopsis About Virgin America (NASDAQ:VA)
Virgin America Inc. is an airline that provides scheduled air travel in the United States and Mexico. The Company operates in air transportation service segment. The Company operates from Los Angeles and San Francisco with a presence at Dallas Love Field (DAL) to other destinations in North America. The Company provides service to over 20 airports in the United States and Mexico with a fleet of over 60 narrow-body aircraft. It offers three levels of service: First Class, Main Cabin Select and Main Cabin. The Company's First Class level of service includes eight-seat cabin with an inflight teammate to provide service. Its Main Cabin Select includes approximately 40 inches of pitch for leg room. The Company's Main Cabin includes approximately 30 inches of pitch and individual Red inflight entertainment system at every seatback. The Company maintains a guest loyalty program called the Elevate frequent flyer program.
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