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Allegiant Travel Company (ALGT) Has a New Rating from Goldman Sachs

Tipranks - Tipranks - Fri Jun 19, 2:38AM CDT

Allegiant Travel Company received a Buy rating and price target from Goldman Sachs analyst Catherine O’Brien yesterday. The company’s shares closed yesterday at $95.89.

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According to TipRanks, O’Brien is an analyst with an average return of -1.8% and a 48.28% success rate. O’Brien covers the Industrials sector, focusing on stocks such as Southwest Airlines, Delta Air Lines, and Alaska Air.

Currently, the analyst consensus on Allegiant Travel Company is a Moderate Buy with an average price target of $102.20.

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Based on Allegiant Travel Company’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $732.43 million and a net profit of $42.48 million. In comparison, last year the company earned a revenue of $699.07 million and had a net profit of $32.1 million

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