Copa Holdings S.A. (CPA) has an average broker rating of 2.75, which is interpreted as a Hold, as rated by 10 equity analysts. Nonetheless, 2 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 2 other analysts advise a Buy. Nevertheless, the majority of 4 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 1, which is also a Strong Buy. 2 brokerage firm advices Strong Sell on the share due to lack of confidence about the future of the company.
Copa Holdings S.A. (CPA) : Currently there are 6 street experts covering Copa Holdings S.A. (CPA) stock. The most bullish and bearish price target for the stock is $94 and $72 respectively for the short term. The average price target of all the analysts comes to $87.83. The estimated standard deviation from the target is $8.38.
Also, In the latest statement by the brokerage house, Morgan Stanley upgrades its outlook on Copa Holdings S.A. (NYSE:CPA). The current rating of the shares is Overweight, according to the research report released by the firm. Previously, the company had a rating of Equal-weight. The brokerage firm raises the price target from $56 per share to $94 per share. The rating by the firm was issued on September 8, 2016.
Copa Holdings S.A. (NYSE:CPA): After opening at $88.87, the stock dipped to an intraday low of $87.74 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $89.7299 and the buying power remained strong till the end. The stock closed at $89.2 for the day, a gain of 1.73% for the day session. The total traded volume was 576,151. The stocks close on the previous trading day was $87.68.
Copa Holdings, S.A. (Copa Holdings) is a Latin American provider of airline passenger and cargo service through its two principal operating subsidiaries, Copa Airlines and Copa Colombia. Copa Airlines operates from its located position in the Republic of Panama, and Copa Colombia provides service within Colombia and international flights from various cities in Colombia to Panama, Venezuela, Ecuador, Mexico, Cuba, Guatemala and Costa Rica. As of December 31, 2013, the Company operates a fleet of 90 aircraft, 64 Boeing 737-Next Generation aircraft and 26 Embraer 190 aircraft. The Company offers approximately 327 daily scheduled flights among 66 destinations in 29 countries in North, Central and South America and the Caribbean from its Panama City hub. The Company provides passengers with access to flights to more than 150 other destinations through codeshare arrangements with UAL and other airlines.