Delta Air Lines with ticker code (DAL) have now 18 analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 67 and 38 and has a mean target at 49.78. Now with the previous closing price of 37.91 this indicates there is a potential upside of 31.3%. The 50 day moving average now sits at 38.58 and the 200 day MA is 40.26. The company has a market cap of $24,535m. Company Website: https://www.delta.com
The potential market cap would be $32,217m based on the market concensus.
Delta Air Lines provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Mexico City, London-Heathrow, Paris-Charles de Gaulle, and Seoul-Incheon. The company sells its tickets through various distribution channels, including delta.com and the Fly Delta app, reservations, online travel agencies, traditional brick and mortar, and other agencies. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages to third-party consumers, as well as aircraft charters, and management and programs. The company operates through a fleet of approximately 1,200 aircrafts. Delta Air Lines was founded in 1924 and is based in Atlanta, Georgia.
