Controladora Vuela Co Avcn SA CV (NYSE:VLRS) was upgraded by investment analysts at UBS Group from a “neutral” rating to a “buy” rating in a research note issued on Friday, thefly.com reports. The brokerage currently has a $13.00 price target on the transportation company’s stock. UBS Group’s target price would suggest a potential upside of 49.77% from the company’s current price.
A number of other equities analysts have also weighed in on the stock. Cowen restated a “buy” rating and set a $11.00 price target on shares of Controladora Vuela Co Avcn SA CV in a research report on Tuesday, January 9th. Zacks Investment Research restated a “sell” rating on shares of Controladora Vuela Co Avcn SA CV in a research report on Saturday, January 6th. Imperial Capital restated an “outperform” rating and set a $12.00 price target (down from $16.00) on shares of Controladora Vuela Co Avcn SA CV in a research report on Wednesday, January 17th. Finally, Santander lowered shares of Controladora Vuela Co Avcn SA CV from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. Controladora Vuela Co Avcn SA CV currently has an average rating of “Hold” and a consensus target price of $13.79.
Controladora Vuela Co Avcn SA CV (NYSE:VLRS) opened at $8.68 on Friday. The firm has a market cap of $751.45, a PE ratio of -62.00 and a beta of -0.03. Controladora Vuela Co Avcn SA CV has a 52-week low of $7.50 and a 52-week high of $16.00.
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Controladora Vuela Co Avcn SA CV Company Profile
Controladora Vuela Compania de Aviacion SAB de CV is a Mexico-based company engaged in the airline passenger transportation sector. The Company operates as an ultra-low-cost carrier (ULCC). Its activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations).
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