Virgin America Inc. (NASDAQ:VA) had its target price raised by Deutsche Bank AG from $55.00 to $57.00 in a research report sent to investors on Wednesday morning, StockTargetPrices.com reports. Deutsche Bank AG currently has a hold rating on the stock.
Other equities analysts have also recently issued research reports about the company. Vetr cut Virgin America from a strong-buy rating to a sell rating and set a $50.27 price target for the company. in a report on Tuesday, September 27th. Imperial Capital initiated coverage on Virgin America in a report on Friday, September 23rd. They set an in-line rating and a $57.00 price target for the company. Finally, JPMorgan Chase & Co. raised Virgin America from an underweight rating to a neutral rating in a report on Tuesday, October 11th. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and five have assigned a buy rating to the company’s stock. Virgin America has a consensus rating of Hold and an average price target of $41.75.
Virgin America (NASDAQ:VA) opened at 53.85 on Wednesday. The company has a market cap of $2.41 billion, a PE ratio of 7.55 and a beta of 1.63. Virgin America has a one year low of $26.30 and a one year high of $56.54. The firm’s 50-day moving average price is $54.45 and its 200-day moving average price is $55.40.
Large investors have recently made changes to their positions in the stock. Panagora Asset Management Inc. raised its position in shares of Virgin America by 291.3% in the first quarter. Panagora Asset Management Inc. now owns 203,205 shares of the company’s stock valued at $7,836,000 after buying an additional 151,277 shares during the last quarter. Schonfeld Strategic Advisors LLC purchased a new position in shares of Virgin America during the first quarter valued at about $587,000. Oasis Management Co Ltd. purchased a new position in shares of Virgin America during the first quarter valued at about $5,013,000. A.R.T. Advisors LLC purchased a new position in shares of Virgin America during the first quarter valued at about $989,000. Finally, Wealthsource Partners LLC purchased a new position in shares of Virgin America during the first quarter valued at about $217,000. Institutional investors own 77.58% of the company’s stock.
Virgin America Company Profile
Virgin America Inc is an airline that provides scheduled air travel in the United States and Mexico. The Company operates in air transportation service segment. The Company operates from Los Angeles and San Francisco with a presence at Dallas Love Field (DAL) to other destinations in North America. The Company provides service to over 20 airports in the United States and Mexico with a fleet of over 60 narrow-body aircraft.
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