Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) Receives $13.01 Consensus Price Target from Analysts

Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRSGet Free Report) has received a consensus recommendation of “Buy” from the seven research firms that are presently covering the company, MarketBeat Ratings reports. Seven analysts have rated the stock with a buy recommendation. The average 12 month price target among brokerages that have issued a report on the stock in the last year is $13.01.

Several brokerages have recently weighed in on VLRS. UBS Group increased their price objective on shares of Controladora Vuela Compañía de Aviación from $10.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, January 7th. StockNews.com lowered shares of Controladora Vuela Compañía de Aviación from a “strong-buy” rating to a “buy” rating in a research report on Thursday. Barclays reissued an “overweight” rating and issued a $12.00 price objective on shares of Controladora Vuela Compañía de Aviación in a research report on Thursday, October 24th. TD Cowen increased their price objective on shares of Controladora Vuela Compañía de Aviación from $10.00 to $13.00 and gave the company a “buy” rating in a research report on Tuesday, October 22nd. Finally, JPMorgan Chase & Co. increased their price objective on shares of Controladora Vuela Compañía de Aviación from $16.50 to $17.00 and gave the company an “overweight” rating in a research report on Tuesday, November 12th.

Check Out Our Latest Stock Analysis on Controladora Vuela Compañía de Aviación

Controladora Vuela Compañía de Aviación Stock Performance

NYSE VLRS opened at $8.92 on Thursday. The firm has a market capitalization of $1.04 billion, a P/E ratio of 5.37 and a beta of 2.42. The firm’s fifty day moving average price is $8.07 and its two-hundred day moving average price is $6.99. Controladora Vuela Compañía de Aviación has a 1 year low of $5.15 and a 1 year high of $9.57. The company has a current ratio of 0.70, a quick ratio of 0.69 and a debt-to-equity ratio of 1.09.

Hedge Funds Weigh In On Controladora Vuela Compañía de Aviación

A number of hedge funds have recently bought and sold shares of VLRS. American Century Companies Inc. increased its position in Controladora Vuela Compañía de Aviación by 2.7% during the second quarter. American Century Companies Inc. now owns 208,355 shares of the transportation company’s stock worth $1,325,000 after acquiring an additional 5,461 shares during the period. Insigneo Advisory Services LLC acquired a new stake in Controladora Vuela Compañía de Aviación during the second quarter worth about $64,000. Squarepoint Ops LLC grew its stake in Controladora Vuela Compañía de Aviación by 207.3% during the second quarter. Squarepoint Ops LLC now owns 60,709 shares of the transportation company’s stock worth $386,000 after buying an additional 40,955 shares in the last quarter. AQR Capital Management LLC acquired a new stake in Controladora Vuela Compañía de Aviación during the second quarter worth about $408,000. Finally, Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in Controladora Vuela Compañía de Aviación during the second quarter worth about $1,338,000. 53.32% of the stock is owned by institutional investors.

About Controladora Vuela Compañía de Aviación

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Controladora Vuela Compañía de Aviación, SAB. de C.V., through its subsidiary, Concesionaria Vuela Compañía de Aviación, SAP.I. de C.V., provides air transportation services for passengers, cargo, and mail in Mexico and internationally. The company operates approximately 590 daily flights on routes connecting 43 cities in Mexico, 22 cities in the United States, 4 cities in Central America, and 2 cities in South America.

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Analyst Recommendations for Controladora Vuela Compañía de Aviación (NYSE:VLRS)

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