Southwest Airlines (NYSE:LUV)‘s stock had its “underweight” rating reiterated by equities research analysts at Morgan Stanley in a research note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a $21.00 price objective on the stock, down from their previous price objective of $23.00. Morgan Stanley’s price target indicates a potential downside of 9.40% from the company’s current price. Southwest Airlines Co (NYSE:LUV) shares after opening at $23.14 moved to $23.66 on last trade day and at the end of the day closed at $23.16. Company price to sales ratio in past twelve months was calculated as 0.91 and price to cash ratio as 5.13. Southwest Airlines Co (NYSE:LUV) showed a negative weekly performance of -0.09%.
JetBlue Airways Corp. (NASDAQ:JBLU) was the recipient of a large increase in short interest in January. As of March 14th, there was short interest totaling 50,204,209 shares, an increase of 12.1% from the February 28th total of 44,779,066 shares, American Banking News reports. Currently, 20.4% of the company’s shares are sold short. Based on an average trading volume of 7,793,227 shares, the short-interest ratio is currently 6.4 days. JetBlue Airways Corporation (NASDAQ:JBLU) shares advanced 1.20% in last trading session and ended the day on $8.42. JBLU return on equity ratio is recorded as 9.10% and its return on assets is 2.50%. JetBlue Airways Corporation (NASDAQ:JBLU) yearly performance is 22.03%.
Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) a Brazil based airlines company has announced it plans to operate a new flight between Campinas (SP-Brazil) and Miami (USA). The company plans to operate regular flights thrice a week on Mondays, Wednesdays and Saturdays with standard fleet of Boeing 737 Next Generation aircraft. It has submitted a formal request to the Brazilian Civil Aviation Agency (ANAC) for the same. According to the company’s reports, it will share further information related to the pricing, services and products once it obtains necessary approvals from the ANAC. The company is expected to start the flights by end of July, subject to ANAC’s authorization. The airlines currently cover 65 places in 10 countries with 910 daily flights. The low cost airline operates under brand names of GOL & VARIG and has latest fleet of Boeing 737-700 and 737-800 Next Generation aircraft. Southwest Airlines (NYSE:LUV)‘s stock had its “underweight” rating reiterated by equities research analysts at Morgan Stanley in a research note issued to investors on Monday, AmericanBankingNews.com reports. They currently have a $21.00 price objective on the stock, down from their previous price objective of $23.00. Morgan Stanley’s price target indicates a potential downside of 9.40% from the company’s current price.Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) shares moved up 3.15% in last trading session and was closed at $4.91, while trading in range of $4.78-$4.96. Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) year to date performance is 7.44%.
Research analysts at JPMorgan Chase & Co. decreased their target price on shares of Copa Holdings, (NYSE:CPA) from $170.00 to $163.00 in a report released on Friday, AnalystRatings.NET reports. JPMorgan Chase & Co.’s price objective would suggest a potential upside of 20.14% from the stock’s previous close. Copa Holdings, S.A. (NYSE:CPA) weekly performance is 4.49%. On last trading day company shares ended up $141.67. Copa Holdings, S.A. (NYSE:CPA) distance from 50-day simple moving average is 5.00%. Analysts mean target price for the company is $168.26.
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