Southwest Airlines Company (LUV) : Analyst Rating Update

Southwest Airlines Company (LUV) : Zacks Investment Research ranks Southwest Airlines Company (LUV) as 3, which is a Hold recommendation. 8 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 4 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 12 research analysts is 1.67, which indicates as a Buy.

Southwest Airlines Company (LUV) : The highest level Southwest Airlines Company (LUV) is projected to reach is $67 for the short term and the lowest estimate is at $48. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $55.11 and the possibility the share price can swing is $6.77.

Southwest Airlines Company (NYSE:LUV): The stock opened at $38.68 on Wednesday but the bulls could not build on the opening and the stock topped out at $39.16 for the day. The stock traded down to $38.15 during the day, due to lack of any buying support eventually closed down at $39.13 with a loss of -0.20% for the day. The stock had closed at $39.21 on the previous day. The total traded volume was 5,409,520 shares.

Also, Equity analysts at the Brokerage firm Barclays upgrades its rating on Southwest Airlines Company (NYSE:LUV). The rating major has initiated the coverage with equal-weight rating on the shares. Earlier, the shares were rated a Underweight by the brokerage firm. The Analysts at Barclays raises the price target from $41 per share to $48 per share. The rating by the firm was issued on April 15, 2016. The company shares have rallied 21.17% from its 1 Year high price. On Dec 7, 2015, the shares registered one year high at $51.34 and the one year low was seen on Jul 8, 2015. The 50-Day Moving Average price is $41.10 and the 200 Day Moving Average price is recorded at $41.85.

Southwest Airlines Co. operates Southwest Airlines (Southwest). Southwest is a passenger airline that provides scheduled air transportation in the United States and near-international markets. The Company serves around 93 destinations in 40 states and runs international services to Montego Bay, Nassau, Oranjestad, Cabo San Lucas/Los Cabos, Cancun, Mexico City and Punta Cana. It serves around 17 non-stop destinations and 581 non-stop city pairs. It operates around 665 Boeing 737 aircrafts. It provides several products, such as Business Select, Fly By Priority Lanes and SWABIZ. Its Website,, enables purchasing and managing travel online. It offers and in a translated Spanish version. Southwest provides inflight satellite-based wireless fidelity (Wi-Fi) service and live television. Its service offerings include EarlyBird Check-In, Pets Are Welcome on Southwest (P.A.W.S.) products, Automated Outbound Messaging (AOM) service and

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