Allegiant Travel PT Raised to $100.00 (ALGT)
Allegiant Travel (NASDAQ: ALGT) had its target price upped by Raymond James from $95.00 to $100.00 in a report issued on Friday.
Allegiant Travel (NASDAQ: ALGT) opened at 86.87 on Friday. Allegiant Travel has a 1-year low of $50.75 and a 1-year high of $87.40. The stock’s 50-day moving average is currently $80.29. The company has a market cap of $1.668 billion and a price-to-earnings ratio of 21.39.
A number of other analysts have also recently weighed in on ALGT. Analysts at UBS AG raised their price target on shares of Allegiant Travel from $90.00 to $101.00 in a research note to investors on Friday, March 8th. They now have a buy rating on the stock. Finally, analysts at Imperial Capital cut their price target on shares of Allegiant Travel from $101.00 to $92.00 in a research note to investors on Thursday, January 31st. They now have an outperform rating on the stock.
Two analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Buy and an average price target of $83.75.
Allegiant Travel Company is a leisure travel company focused on providing travel services to residents of small, underserved cities in the United States.
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