Boston, MA 10/07/2013 (wallstreetpr) – Delta Air Lines, Inc. (NYSE:DAL) has been a subject of equities review lately and Raymond James is the latest agency to comment on the stock. In a note to investors published last Thursday, the analysts have raised their price target on the stock to $28 from $25. They now have an “outperform” rating of DAL. At $28 price objective, Raymond James indicates a potential 14.10% upside from the prevailing DAL price.
Another research note to investors released Thursday by Imperium Capital has also raised the price target on DAL from $26 to $31. Imperium analysts have now assigned an “outperform” rating to DAL stock.
At CRT Capital, DAL has received a price target increase from $25 to $28. The analysts at CRT Capital issued a “buy” rating on the stock in their note to investors on Thursday.
And at Goldman Sachs, analysts have assigned DAL $25 in price target. They have a “buy” rating on the stock. These ratings are contained in an investor note published Thursday.
At least four analysts have recently rated the stock a “hold”, 13 others have issued a “buy” rating on the stock. On average, DAL has a consensus “buy” rating and a $25.14 in price target.
In quarterly results released July 24, DAL reported $0.90 in earnings per share (EPS). This earning indicated a $0.04 miss on Thomson Reuters’ consensus prediction of $0.94 EPS. In a similar quarter in the trailing year, DAL noted $0.69 in EPS. Currently analysts expect the company to realize $2.82 EPS in the prevailing fiscal year.
As for the revenue earnings, DAL recorded $9.71 billion in the last quarter, missing $9.74 billion consensus estimate. This revenue earning indicates a drop from a similar quarter last year.
Currently DAL has $21.61 billion in market cap and 12.30 in E/P ratio. The stock’s 52-week range is $9.21 low and $25.43 high.
