In a report released yesterday, Stephen Trent from Citi maintained a Buy rating on Delta Air Lines (DAL – Research Report). The company’s shares closed last Friday at $39.90.
According to TipRanks, Trent is a 5-star analyst with an average return of 12.6% and a 50.00% success rate. Trent covers the Industrials sector, focusing on stocks such as Delta Air Lines, American Airlines, and Southwest Airlines.
Delta Air Lines has an analyst consensus of Strong Buy, with a price target consensus of $60.47, a 51.55% upside from current levels. In a report released on September 14, Goldman Sachs also maintained a Buy rating on the stock with a $50.00 price target.
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The company has a one-year high of $49.71 and a one-year low of $27.14. Currently, Delta Air Lines has an average volume of 9.64M.
Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DAL in relation to earlier this year.
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Georgia-based Delta Air Lines, Inc. is one of the major airlines of the United States and a legacy carrier. The company provides scheduled air transportation for passengers and cargo. It operates through the Airline and Refinery segments.
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