Controladora Vuela Co Avcn SA CV (NYSE:VLRS) was upgraded by equities research analysts at UBS Group from a “neutral” rating to a “buy” rating in a report issued on Friday, February 16th, thefly.com reports. The firm currently has a $13.00 target price on the transportation company’s stock. UBS Group’s target price would indicate a potential upside of 59.12% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Cowen reiterated a “buy” rating and issued a $11.00 price objective on shares of Controladora Vuela Co Avcn SA CV in a research report on Tuesday, January 9th. Santander lowered Controladora Vuela Co Avcn SA CV from a “buy” rating to a “hold” rating in a report on Wednesday, January 3rd. Zacks Investment Research raised Controladora Vuela Co Avcn SA CV from a “sell” rating to a “hold” rating in a report on Tuesday, October 31st. Finally, Imperial Capital reaffirmed an “outperform” rating and set a $12.00 price objective (down previously from $16.00) on shares of Controladora Vuela Co Avcn SA CV in a research note on Wednesday, January 17th. Two analysts have rated the stock with a sell rating, three have issued a hold rating and five have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $13.43.
Controladora Vuela Co Avcn SA CV (NYSE VLRS) traded down $0.17 during trading on Friday, hitting $8.17. The stock had a trading volume of 455,064 shares, compared to its average volume of 623,489. Controladora Vuela Co Avcn SA CV has a twelve month low of $7.50 and a twelve month high of $16.00. The stock has a market capitalization of $724.08, a PE ratio of -25.53 and a beta of -0.09.
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About Controladora Vuela Co Avcn SA CV
Controladora Vuela Compania de Aviacion SAB de CV is a Mexico-based company engaged in the airline passenger transportation sector. The Company operates as an ultra-low-cost carrier (ULCC). Its activities are divided into two geographical regions: Mexico (national operations), as well as the Unites States and Central America (international operations).
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