Wall Street is positive on Alaska Air Group, Inc. (ALK). On average, analysts give ALK a Strong Buy rating. The average price target is $61, which means analysts expect the stock to add by 14.68% over the next twelve months.
That average ranking earns ALK an Analyst Rating of 66, which is better than 66% of stocks based on data compiled by InvestorsObserver.
Why are Analyst Ratings Important?
Analytical research by professionals can be extremely useful when making investment decisions in the stock market. Analysts are able to observe industries in detail and learn how geographical impacts can affect a company's balance sheet. This information allows investors to make decisions ahead of the curve.
InvestorsObserver combines the ratings from these analysts and proceeds to percentile rank them. This grants you the ability to compare stocks in a comprehensive fashion as oppossed to a standard buy/hold/sell rating.
What's Happening With Alaska Air Group, Inc. Stock Today?
Alaska Air Group, Inc. (ALK) stock is trading at $53.19 as of 1:24 PM on Tuesday, Jan 26, a gain of $0.40, or 0.76% from the previous closing price of $52.79. The stock has traded between $51.88 and $53.65 so far today. Volume today is low. So far 1,207,751 shares have traded compared to average volume of 1,698,011 shares.
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