Market Overview

Vetr Crowd Continues To Run Away From Republic Airways

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  • Shares of Republic Airways Holdings Inc. (NASDAQ: RJET) have lost about 70 percent since the start of 2015.
  • The Vetr community downgraded the stock to a 1.5-star rating out of a possible five stars from a prior two stars.
  • Despite a downgrade, 71 percent of the crowd's ratings are bullish but the crowd-sourced price target of $3.74 implies a potential 12 percent downside.

Shares of Republic Airways Holdings have gained more than 25 percent over the past three months after the company reached a new tentative agreement with its pilots about a new contract. However, the stock is still lower by around 70 percent since the start of 2015.

Despite recent momentum in the stock, the Vetr community downgraded the issue to 1.5-stars out of a possible five-star rating. The stock has fallen to $4.25 since the previous rating of two stars was issued just five days ago.

Despite a downgrade to 1.5 stars, 71 percent of the Vetr crowd's ratings are bullish. On the other hand, Vetr's crowd-sourced price target of $3.74 implies a potential downside of 12 percent.

Related Link: Vetr Crowd Even More Bullish On SolarCity

The Vetr crowd's stance on airliners appear to be mixed. Among the legacy carriers, the Vetr crowd rates Delta Air Lines, Inc. (NYSE: DAL)'s stock with a three-star rating and the crowd-sourced price target of $52.26 implies an upside of just 1.08 percent.

On the other hand, the Vetr crowd appears to be uber-bearish on United Continental Holdings Inc (NYSE: UAL) given the crowd's one-star rating and a crowd-sourced price target of $25.00 which implies a downside of more than 50 percent.

Latest Ratings for RJET

DateFirmActionFromTo
Jan 2016Deutsche BankDowngradesBuyHold
Sep 2015Imperial CapitalMaintainsOutperform
Sep 2015Deutsche BankUpgradesHoldBuy

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Posted-In: Airliners Legacy Carriers Vetr Vetr CrowdAnalyst Color Crowdsourcing Analyst Ratings General

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