Sun Country Airlines (NASDAQ:SNCY) Coverage Initiated at Wolfe Research

Wolfe Research started coverage on shares of Sun Country Airlines (NASDAQ:SNCY) in a research note issued to investors on Monday, Benzinga reports. The firm set an “outperform” rating and a $49.00 price target on the stock. Wolfe Research’s price target would indicate a potential upside of 15.32% from the company’s current price.

Other equities research analysts also recently issued reports about the company. Morgan Stanley started coverage on Sun Country Airlines in a report on Monday, April 12th. They set an “equal weight” rating and a $36.00 price target for the company. The Goldman Sachs Group started coverage on Sun Country Airlines in a report on Monday, April 12th. They set a “buy” rating and a $45.00 price target for the company. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Sun Country Airlines in a report on Monday, April 12th. They set a “buy” rating and a $46.00 price target for the company.

SNCY stock opened at $42.49 on Monday. Sun Country Airlines has a twelve month low of $31.02 and a twelve month high of $42.93.

In other news, Director Kerry Philipovitch purchased 2,250 shares of the company’s stock in a transaction dated Friday, March 19th. The stock was acquired at an average price of $24.00 per share, for a total transaction of $54,000.00. Following the completion of the transaction, the director now directly owns 5,139 shares in the company, valued at approximately $123,336. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link.

About Sun Country Airlines

Sun Country Airlines Holdings, Inc, an air carrier company, provides scheduled passenger, air cargo, and charter air transportation services in the United States, Latin America, and internationally. As of February 8, 2021, it operated a fleet of 43 aircraft, including 31 passenger and 12 cargo aircraft.

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