- Alaska Airlines (ALK, Financial) has halted all mainline flights, causing industry speculation.
- Analysts project an average price target of $62.88, indicating potential growth.
- GuruFocus values suggest a possible upside of 28.96% for the stock.
Alaska Airlines (NYSE: ALK) found itself under the spotlight as all mainline flights were grounded following a request from the airline. This unexpected halt affects all destinations serviced by the airline, though specific reasons remain undisclosed according to the Federal Aviation Administration's status page.
Analyst Price Targets and Recommendations
Investors interested in Alaska Air Group Inc (ALK, Financial) should note the one-year price targets from 13 analysts, which average at $62.88. The spectrum of forecasts ranges from a high of $83.00 to a more conservative low of $49.00. This average target suggests a notable upside of 18.32% from the current trading price of $53.15. For a deeper dive, more estimate details are available on the Alaska Air Group Inc (ALK) Forecast page.
Brokerage Recommendations
The consensus among 17 brokerage firms positions Alaska Air Group Inc with an average recommendation rating of 2.0, translating to an "Outperform" status. The recommendation scale, ranging from 1 for Strong Buy to 5 for Sell, places ALK favorably in investors' eyes, considering future potential for growth.
GuruFocus Value Analysis
According to GuruFocus estimates, the projected GF Value for Alaska Air Group Inc (ALK, Financial) in one year is pegged at $68.54. This estimation predicts a potential upside of 28.96% from its current trading price of $53.15. The GF Value is a reflection of the stock's fair trading value, derived from historical market performance, past business growth, and future business performance projections. Further insights can be accessed on the Alaska Air Group Inc (ALK) Summary page.
