Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Receives $13.14 Consensus PT from Brokerages

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) has been given an average recommendation of “Buy” by the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Seven investment analysts have rated the stock with a buy rating. The average 1 year price target among brokerages that have covered the stock in the last year is $13.14.

Several analysts recently commented on the company. StockNews.com cut Controladora Vuela Compañía de Aviación from a “strong-buy” rating to a “buy” rating in a report on Thursday, January 23rd. Itau BBA Securities assumed coverage on shares of Controladora Vuela Compañía de Aviación in a research note on Wednesday, February 12th. They issued an “outperform” rating and a $12.00 price objective on the stock. UBS Group lifted their target price on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the stock a “buy” rating in a research note on Tuesday, January 7th. Finally, JPMorgan Chase & Co. boosted their target price on shares of Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an “overweight” rating in a report on Tuesday, November 12th.

Institutional Investors Weigh In On Controladora Vuela Compañía de Aviación

Large investors have recently bought and sold shares of the stock. Tower Research Capital LLC TRC raised its holdings in shares of Controladora Vuela Compañía de Aviación by 34.5% during the fourth quarter. Tower Research Capital LLC TRC now owns 6,396 shares of the transportation company’s stock valued at $48,000 after purchasing an additional 1,641 shares during the period. Stifel Financial Corp increased its position in Controladora Vuela Compañía de Aviación by 9.0% in the 3rd quarter. Stifel Financial Corp now owns 38,092 shares of the transportation company’s stock valued at $241,000 after buying an additional 3,135 shares in the last quarter. Inspire Advisors LLC raised its stake in Controladora Vuela Compañía de Aviación by 25.4% during the 3rd quarter. Inspire Advisors LLC now owns 23,941 shares of the transportation company’s stock worth $152,000 after buying an additional 4,856 shares during the period. R Squared Ltd bought a new position in Controladora Vuela Compañía de Aviación in the fourth quarter worth approximately $68,000. Finally, Prudential Financial Inc. acquired a new stake in Controladora Vuela Compañía de Aviación in the fourth quarter valued at approximately $79,000. 53.32% of the stock is currently owned by institutional investors and hedge funds.

Controladora Vuela Compañía de Aviación Stock Down 8.2 %

Shares of NYSE:VLRS opened at $7.76 on Monday. The firm has a market cap of $904.23 million, a P/E ratio of 4.67 and a beta of 2.45. The business has a fifty day simple moving average of $8.12 and a 200 day simple moving average of $7.24. The company has a quick ratio of 0.69, a current ratio of 0.70 and a debt-to-equity ratio of 1.09. Controladora Vuela Compañía de Aviación has a 12-month low of $5.15 and a 12-month high of $9.57.

Controladora Vuela Compañía de Aviación Company Profile

Controladora Vuela Compañía de Aviación, SAB. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, SAP.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America.