Brokerage Firm Rating Update on Delta Air Lines (DAL)

Delta Air Lines (DAL) : Zacks Investment Research ranks Delta Air Lines (DAL) as 3, which is a Hold recommendation. 6 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.56, which indicates as a Buy.

Delta Air Lines (DAL) : 9 investment research analysts covering Delta Air Lines (DAL) have an average price target of $52.56 for the near short term. The highest target price given by the Brokerage Firm to the stock is $60 and the lowest target is $41 for the short term. Analysts expect the variance to be within $5.73 of the average price.


For the current week, the company shares have a recommendation consensus of Buy. Also, Imperial Capital initiates coverage on Delta Air Lines (NYSE:DAL). In the latest research report, Imperial Capital announces the target price to $41 per share. According to the latest information available, the shares are now rated In-line by the analysts at the agency. The rating by the firm was issued on August 24, 2016.

Delta Air Lines (NYSE:DAL): The stock opened at $37.45 and touched an intraday high of $39.18 on Wednesday. During the day, the stock corrected to an intraday low of $37.41, however, the bulls stepped in and pushed the price higher to close in the green at $38.9 with a gain of 5.65% for the day. The total traded volume for the day was 16,662,096. The stock had closed at $36.82 in the previous trading session.

Delta Air Lines, Inc. (Delta) provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Companys route network is centered on a system of hub and international gateway airports that it operates in Amsterdam, Atlanta, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle and Tokyo-Narita. The Companys segments include its Airline segment and Refinery segment. The Companys Airline segment provides scheduled air transportation for passengers and cargo and other ancillary airline services, including maintenance and repair services for third-parties. Its Refinery segment provides jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third-parties.

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