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Barclays Sticks to Their Sell Rating for Frontier Group Holdings (ULCC)

Tipranks - Tipranks - Tue Mar 17, 2:31AM CDT

Barclays analyst Brandon Oglenski maintained a Sell rating on Frontier Group Holdings today and set a price target of $4.00.

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According to TipRanks, Oglenski is a 4-star analyst with an average return of 4.7% and a 47.98% success rate. Oglenski covers the Industrials sector, focusing on stocks such as JetBlue Airways, Frontier Group Holdings, and Alaska Air.

Currently, the analyst consensus on Frontier Group Holdings is a Moderate Sell with an average price target of $5.40.

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Based on Frontier Group Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $997 million and a net profit of $53 million. In comparison, last year the company earned a revenue of $1 billion and had a net profit of $54 million

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