Within the last quarter, Allegiant Travel (NASDAQ:ALGT) has observed the following analyst ratings:

In the last 3 months, 8 analysts have offered 12-month price targets for Allegiant Travel. The company has an average price target of $288.25 with a high of $326.00 and a low of $230.00.

This current average has increased by 15.5% from the previous average price target of $249.57.

Analyst Ratings: What Are They?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

Some analysts also offer predictions for helpful metrics such as earnings, revenue, and growth estimates to provide further guidance as to what to do with certain tickers. It is important to keep in mind that while stock and sector analysts are specialists, they are also human and can only forecast their beliefs to traders.