NEW YORK, October 27, 2016 /PRNewswire/ --
Stock-Callers.com directs investors' attention to four major players in the Airlines category: Delta Air Lines Inc. (NYSE: DAL), American Airlines Group Inc. (NASDAQ: AAL), Unitaed Continental Holdings Inc. (NYSE: UAL), and Spirit Airlines Inc. (NASDAQ: SAVE). As per the International Air Transport Association, the global industry is expected to see a 12% rise in profits from last year to $39.4 billion with more than half of the total made in North America. Learn more about these stocks by accessing their free research reports at: http://stock-callers.com/registration
Delta Air Lines
On Wednesday, shares in Georgia headquartered Delta Air Lines Inc. recorded a trading volume of 14.17 million shares, which was above their three months average volume of 10.06 million shares. The stock ended the session 0.46% higher at $41.40. The Company's shares have gained 5.59% in the last one month and 5.76% over the previous three months. The stock is trading 7.65% above its 50-day moving average. Moreover, shares of Delta Air Lines, which provides scheduled air transportation for passengers and cargo in the US and internationally, have a Relative Strength Index (RSI) of 63.70.
On October 14th, 2016, research firm Imperial Capital reiterated its 'In-line' rating on the Company's stock with an increase of the target price from $41 a share to $44 a share.
On October 25th, 2016, Delta announced that its SkyMiles Members can now redeem their miles toward luxurious and convenient travel on Delta Private Jets. The Jet Card enables customers to pre-fund a travel card, allowing for simplified booking, guaranteed jet availability and locked-in rates for private jet travel. Free research report on DAL is available at: http://stock-callers.com/registration/?symbol=DAL
American Airlines Group
Texas headquartered American Airlines Group Inc.'s stock closed the day 0.93% lower at $39.32. A total volume of 10.11 million shares was traded, which was above their three months average volume of 8.03 million shares. The Company's shares have advanced 9.22% in the past month and 8.52% in the previous three months. The stock is trading 5.49% above its 50-day moving average and 8.19% above its 200-day moving average. Additionally, shares of American Airlines Group, which through its subsidiaries, operates in the airline industry, have an RSI of 57.19.
On October 21st, 2016, research firm Imperial Capital reiterated its 'In-line' rating on the Company's stock with an increase of the target price from $40 a share to $43 a share.
On October 24th, 2016, The Transport Workers Union and the International Association of Machinists, representing the more than 140 Flight Simulator Engineers at American Airlines, announced that their members approved a new five-year contract, including significant pay raises, to take effect November 7th, 2016. The complimentary research report on AAL can be downloaded at: http://stock-callers.com/registration/?symbol=AAL
Shares in Illinois headquartered United Continental Holdings Inc. recorded a trading volume of 6.09 million shares, which was higher than their three months average volume of 4.64 million shares. The stock ended yesterday's trading session 1.19% lower at $53.98. The Company's shares have advanced 7.08% in the past month and 13.88% over the previous three months. The stock is trading above its 50-day and 200-day moving averages by 4.83% and 8.57%, respectively. Furthermore, shares of United Continental Holdings, which together with its subsidiaries, provides air transportation services in North America, the Asia-Pacific, Europe, the Middle East, Africa, and Latin America, have an RSI of 55.43.
On October 24th, 2016, research firm Stifel reiterated its 'Buy' rating on the Company's stock with a decrease of the target price from $70 a share to $65 a share.
On October 25th, 2016, United Airlines, in partnership with the City of Houston and the Houston Airport System, announced that it will break ground on the airline's new United Technical Operations Center at George Bush Intercontinental Airport. The project, will add approximately 200,000 square feet of additional hangar capacity for maintaining widebody aircraft, in addition to a new warehouse distribution center, technical services building and administrative offices. Visit us today and access our complete research report on UAL at: http://stock-callers.com/registration/?symbol=UAL
Miramar, Florida headquartered Spirit Airlines Inc.'s stock finished Wednesday's session 1.17% lower at $48.09. A total volume of 2.26 million shares was traded, which was higher than their three months average volume of 1.32 million shares. The Company's shares have advanced 14.64% in the last one month, 13.02% over the previous three months, and 20.68% since the start of this year. The stock is trading above its 50-day and 200-day moving averages by 16.42% and 9.95%, respectively. Additionally, shares of Spirit Airlines, which provides low-fare airline services, have an RSI of 72.21.
Yesterday, research firm Imperial Capital reiterated its 'Outperform' rating on the Company's stock with an increase of the target price from $51 a share to $58 a share. Get free access to your research report on SAVE at: http://stock-callers.com/registration/?symbol=SAVE
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