Spirit Airlines Incorporated Price Target Increased to $28.00 by Analysts at Raymond James (SAVE)
A number of other analysts have also recently weighed in on SAVE. Analysts at Cowen raised their price target on shares of Spirit Airlines Incorporated from $23.00 to $28.00 in a research note to investors on Thursday, March 14th. They now have a buy rating on the stock. Separately, analysts at Barclays Capital cut their price target on shares of Spirit Airlines Incorporated from $25.00 to $24.00 in a research note to investors on Wednesday, February 20th. They now have an overweight rating on the stock. Finally, analysts at Zacks upgraded shares of Spirit Airlines Incorporated from an underperform rating to a neutral rating in a research note to investors on Monday, February 18th. They now have a $19.90 price target on the stock.
Two research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of Buy and a consensus target price of $24.99.
Spirit Airlines Incorporated (NASDAQ: SAVE) traded up 2.64% on Friday, hitting $26.05. Spirit Airlines Incorporated has a 1-year low of $15.64 and a 1-year high of $25.64. The stock’s 50-day moving average is currently $21.02. The company has a market cap of $1.888 billion and a price-to-earnings ratio of 17.03.
Spirit Airlines, Inc. is an ultra low-cost, low-fare airline based in Fort Lauderdale, Florida that provides ravel opportunities principally to and from South Florida, the Caribbean and Latin America.
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