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Do Analysts Agree Friday on Alaska Air Group, Inc. (ALK) Stock's Target Price?

Friday, October 22, 2021 11:40 AM | InvestorsObserver Analysts

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Do Analysts Agree Friday on Alaska Air Group, Inc. (ALK) Stock's Target Price?

Analysts who follow Alaska Air Group, Inc. (ALK) on average expect it to gain 41.96% over the next twelve months. Those same analysts give the stock an average rating of Strong Buy. That average rating earns the stock an Analyst Ranking of 75, which means it ranks higher than 75 of stocks, based on data compiled by InvestorsObserver.

Overall Score - 5
Wall Street analysts are rating ALK a Strong Buy today. Find out what this means to you and get the rest of the rankings on ALK!

Why are Analyst Ratings Important?

Though analyst projections should not be your only resource when determining your position on a stock, it can be a very useful tool. Analysts follow sectors/industries in-depth and tend to know how local and global conditions tend to affect demand and prices. Many analysts even participate in conference calls where they can get information to better make sense of the numbers. InvestorsObserver averages the ratings provided by analysts and then ranks their score as a percent against the market. This allows you to compare stocks in a more comprehensive fashion than with the typical buy/sell/hold ranking.

What's Happening With Alaska Air Group, Inc. Stock Today?

Alaska Air Group, Inc. (ALK) stock is trading at $54.24 as of 11:31 AM on Friday, Oct 22, a loss of -$1.96, or -3.49% from the previous closing price of $56.20. The stock has traded between $53.86 and $55.66 so far today. Volume today is light. So far 1,161,484 shares have traded compared to average volume of 1,814,746 shares. Click Here to get the full Stock Report for Alaska Air Group, Inc. stock.

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