Atlas Air Worldwide Holdings (AAWW) : 5 Wall Street analysts covering Atlas Air Worldwide Holdings (AAWW) believe that the average level the stock could reach for the short term is $43. The maximum price target given is $49 and the minimum target for short term is around $38, hence the standard deviation is calculated at $4.
Atlas Air Worldwide Holdings (AAWW) : Zacks Investment Research ranks Atlas Air Worldwide Holdings (AAWW) as 5, which is a Strong Sell recommendation. 1 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. Not everyone is convinced about the stocks future, hence, the stock receives 1 Sell recommendation. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 5 research analysts is 2.74, which indicates as a Hold.
Also, Stifel Nicolaus initiates coverage on Atlas Air Worldwide Holdings (NASDAQ:AAWW) The brokerage firm has issued a Hold rating on the shares. The rating by the firm was issued on August 25, 2016.
Atlas Air Worldwide Holdings (NASDAQ:AAWW): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $37.15 and $37.01 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $38.14. The buying momentum continued till the end and the stock did not give up its gains. It closed at $38.13, notching a gain of 2.67% for the day. The total traded volume was 440,536 . The stock had closed at $37.14 on the previous day.
Atlas Air Worldwide Holdings, Inc. (AAWW) is a holding company with a principal wholly owned operating subsidiary, Atlas Air, Inc. (Atlas). The Company is a global provider of outsourced aircraft and aviation operating services, operating a fleet of around 747 freighters, as well as operating 747 and 767 passenger aircraft and 767 freighters. It operates through three segments: ACMI, Charter and Dry Leasing. The ACMI segment provides aircraft, crew, maintenance and insurance services to customers. Also included in the ACMI segment is CMI, which provides crew, maintenance and insurance services. The Charter segment provides full planeload air cargo and passenger aircraft charters to customers, including the air mobility command (AMC), brokers, freight forwarders, direct shippers, airlines, sports teams and fans, and private charter customers. The Dry Leasing segment provides the leasing of aircraft and engines to customers, and operates through Titan, a cargo aircraft dry lessor.