What is Wall Street's Target Price for Alaska Air Group, Inc. (ALK) Stock Monday?

Wall Street is positive on Alaska Air Group, Inc. (ALK). On average, analysts give ALK a Strong Buy rating. The average price target is $78.75, which means analysts expect the stock to climb by 61.31% over the next twelve months. That average ranking earns ALK an Analyst Rating of 74, which is better than 74% of stocks based on data compiled by InvestorsObserver.

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!

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Why are Analyst Ratings Important?

Analysts know the inner workings of the companies they follow better than anyone but the companies’ management. You can learn a lot about a company from studying the financial statements, but analysts ask questions on conference calls and understand the intricacies of each of the businesses they cover. Analysts understand how bad weather in one part of the world can disrupt supply chains, or disrupt shopping patterns. This lets traders make decisions **before** a quarterly report that could be worse than expected. InvestorsObserver aggregates the ratings of all the analysts covering a given stock, takes the average of those ratings and then percentile ranks the averages. That provides a level of granularity that is significantly better than just the three levels provided by traditional buy/hold/sell ratings.

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

Alaska Air Group, Inc. (ALK) stock is trading at $48.82 as of 12:40 PM on Monday, Jan 24, a decline of -$3.21, or -6.17% from the previous closing price of $52.03. The stock has traded between $48.73 and $51.46 so far today. Volume today is 1,407,932 compared to average volume of 1,809,470. Click Here to get the full Stock Report for Alaska Air Group, Inc. stock.