Zacks Investment Research upgraded shares of LATAM Airlines Group S.A. (NYSE:LTM) from a strong sell rating to a hold rating in a report published on Wednesday, October 25th.
According to Zacks, “LATAM Airlines Group S.A. offers domestic and international passenger and cargo air services. The Company operates primarily in Chile, the United States, the South Pacific, Europe and Latin America. LATAM Airlines Group S.A., formerly known as Lan Chile S.A, is headquartered in Santiago, Chile. “
LTM has been the topic of several other reports. Bank of America Corporation reissued a neutral rating on shares of LATAM Airlines Group in a report on Tuesday, October 24th. TheStreet downgraded shares of LATAM Airlines Group from a c- rating to a d+ rating in a research note on Friday, August 18th. Three analysts have rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. The company presently has an average rating of Hold and a consensus price target of $10.67.
LATAM Airlines Group (LTM) opened at $12.93 on Wednesday. LATAM Airlines Group has a 1 year low of $8.07 and a 1 year high of $15.06.
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LATAM Airlines Group Company Profile
LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries.
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