Allegiant Travel Stock (NASDAQ:ALGT), Analyst Ratings, Price Targets, Predictions

The latest price target for Allegiant Travel (NASDAQ: ALGT) was reported by Barclays on May 9, 2024. The analyst firm set a price target for $55.00 expecting ALGT to rise to within 12 months (a possible 2.92% upside). 22 analyst firms have reported ratings in the last year.

The latest analyst rating for Allegiant Travel (NASDAQ: ALGT) was provided by Barclays, and Allegiant Travel maintained their equal-weight rating.

The last upgrade for Allegiant Travel Co happened on June 15, 2023 when Deutsche Bank raised their price target to $145. Deutsche Bank previously had a hold for Allegiant Travel Co.

The last downgrade for Allegiant Travel Co happened on May 1, 2023 when B of A Securities changed their price target from $95 to $75 for Allegiant Travel Co.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Allegiant Travel, 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 Allegiant Travel was filed on May 9, 2024 so you should expect the next rating to be made available sometime around May 9, 2025.

While ratings are subjective and will change, the latest Allegiant Travel (ALGT) rating was a maintained with a price target of $60.00 to $55.00. The current price Allegiant Travel (ALGT) is trading at is $53.44, which is out of the analyst’s predicted range.