Investment firm Jefferies has revised its rating for Southwest Airlines (LUV, Financial), moving it from Underperform to Hold. The firm has also increased its price target for the airline's stock to $33, up from the previous target of $24. This adjustment reflects a more optimistic outlook on the company's future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 18 analysts, the average target price for Southwest Airlines Co (LUV, Financial) is $28.63 with a high estimate of $40.00 and a low estimate of $19.00. The average target implies an downside of 7.50% from the current price of $30.95. More detailed estimate data can be found on the Southwest Airlines Co (LUV) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Southwest Airlines Co's (LUV, Financial) average brokerage recommendation is currently 3.1, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Southwest Airlines Co (LUV, Financial) in one year is $37.23, suggesting a upside of 20.29% from the current price of $30.95. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Southwest Airlines Co (LUV) Summary page.
