Controladora Vuela Compañía de Aviación (NYSE:VLRS) Price Target Raised to $18.00 at Barclays

Controladora Vuela Compañía de Aviación (NYSE:VLRS) had its price target hoisted by Barclays from $14.00 to $18.00 in a report published on Monday, The Fly reports. The brokerage currently has an overweight rating on the transportation company’s stock.

A number of other research firms have also recently weighed in on VLRS. Citigroup upped their price target on Controladora Vuela Compañía de Aviación from $13.25 to $15.75 in a report on Tuesday, February 16th. HSBC raised Controladora Vuela Compañía de Aviación from a hold rating to a buy rating in a report on Monday, January 25th. Deutsche Bank Aktiengesellschaft raised Controladora Vuela Compañía de Aviación from a hold rating to a buy rating in a report on Monday. Finally, Zacks Investment Research lowered Controladora Vuela Compañía de Aviación from a buy rating to a hold rating in a research note on Thursday, February 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of Hold and an average target price of $14.94.

NYSE VLRS opened at $14.73 on Monday. The stock has a market capitalization of $1.49 billion, a price-to-earnings ratio of -9.09 and a beta of 2.66. Controladora Vuela Compañía de Aviación has a twelve month low of $2.94 and a twelve month high of $16.39. The stock has a 50-day moving average of $12.28 and a 200 day moving average of $9.83.

Large investors have recently bought and sold shares of the business. Envestnet Asset Management Inc. purchased a new stake in Controladora Vuela Compañía de Aviación during the 3rd quarter worth approximately $78,000. Veriti Management LLC purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at approximately $120,000. O Shaughnessy Asset Management LLC purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the third quarter valued at approximately $139,000. Boston Private Wealth LLC purchased a new stake in shares of Controladora Vuela Compañía de Aviación in the fourth quarter valued at approximately $173,000. Finally, Weld Capital Management LLC grew its position in shares of Controladora Vuela Compañía de Aviación by 5.1% in the third quarter. Weld Capital Management LLC now owns 31,834 shares of the transportation company’s stock valued at $230,000 after purchasing an additional 1,548 shares in the last quarter.

Controladora Vuela Compañía de Aviación Company Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V. provides air transportation services for passengers, cargo, and mail in Mexico and internationally. As of December 31, 2019, the company operated a fleet of 82 aircraft. It operates approximately 131 daily flights on routes that connect 40 cities in Mexico and 25 cities in the United States and Central America.

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Analyst Recommendations for Controladora Vuela Compañía de Aviación (NYSE:VLRS)

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