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Analysts’ Top Industrial Goods Picks: Alaska Air (ALK), Controladora Vuela Compania de Aviacion SAB de CV (VLRS)

Tipranks - Wed Mar 25, 3:05AM CDT

There’s a lot to be optimistic about in the Industrial Goods sector as 2 analysts just weighed in on Alaska Air (ALK) and Controladora Vuela Compania de Aviacion SAB de CV (VLRS) with bullish sentiments.

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Alaska Air (ALK)

In a report released today, Brandon Oglenski from Barclays maintained a Buy rating on Alaska Air, with a price target of $70.00. The company’s shares closed last Monday at $38.63, close to its 52-week low of $32.62.

According to TipRanks.com, Oglenski is a 4-star analyst with an average return of 4.7% and a 48.0% success rate. Oglenski covers the Industrial Goods sector, focusing on stocks such as Sun Country Airlines Holdings, Canadian Pacific Kansas City, and Canadian National Railway. ;'>

Currently, the analyst consensus on Alaska Air is a Strong Buy with an average price target of $64.30, a 66.5% upside from current levels. In a report released yesterday, BMO Capital also initiated coverage with a Buy rating on the stock with a $50.00 price target.

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Controladora Vuela Compania de Aviacion SAB de CV (VLRS)

In a report released today, Pablo Monsivais from Barclays maintained a Buy rating on Controladora Vuela Compania de Aviacion SAB de CV, with a price target of $10.00. The company’s shares closed last Monday at $7.23.

According to TipRanks.com, Monsivais is a 4-star analyst with an average return of 10.0% and a 54.9% success rate. Monsivais covers the Industrial Goods sector, focusing on stocks such as Grupo Aeromexico, S.A.B. de C.V. Unsponsored ADR, Grupo Aeroportuario del Centro Norte SAB de CV, and Grupo Aeroportuario del Pacifico SAB de CV. ;'>

Currently, the analyst consensus on Controladora Vuela Compania de Aviacion SAB de CV is a Moderate Buy with an average price target of $9.95, which is a 38.4% upside from current levels. In a report issued on March 12, Evercore ISI also maintained a Buy rating on the stock with a $11.00 price target.

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