Alaska Air Group Inc has a consensus price target of $57.07 based on the ratings of 15 analysts. The high is $70 issued by Morgan Stanley on July 22, 2024. The low is $41 issued by Susquehanna on July 16, 2024. The 3 most-recent analyst ratings were released by B of A Securities, TD Cowen, and Citigroup on September 13, 2024, September 13, 2024, and August 29, 2024, respectively. With an average price target of $51.67 between B of A Securities, TD Cowen, and Citigroup, there's an implied 21.71% upside for Alaska Air Group Inc from these most-recent analyst ratings.
1calculated from analyst ratings
The latest price target for Alaska Air Gr (NYSE:ALK) was reported by B of A Securities on September 13, 2024. The analyst firm set a price target for $55.00 expecting ALK to rise to within 12 months (a possible 29.56% upside). 18 analyst firms have reported ratings in the last year.
The latest analyst rating for Alaska Air Gr (NYSE:ALK) was provided by B of A Securities, and Alaska Air Gr maintained their buy rating.
The last upgrade for Alaska Air Group Inc happened on May 17, 2024 when Wolfe Research raised their price target to $55. Wolfe Research previously had a peer perform for Alaska Air Group Inc.
The last downgrade for Alaska Air Group Inc happened on January 10, 2024 when Susquehanna changed their price target from N/A to $40 for Alaska Air Group Inc.
Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Alaska Air Gr, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Alaska Air Gr was filed on September 13, 2024 so you should expect the next rating to be made available sometime around September 13, 2025.
While ratings are subjective and will change, the latest Alaska Air Gr (ALK) rating was a maintained with a price target of $50.00 to $55.00. The current price Alaska Air Gr (ALK) is trading at is $42.45, which is out of the analyst’s predicted range.
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