Do analysts agree Thursday on the target price for Spirit Airlines Incorporated (SAVE) stock?

Wall Street is positive on Spirit Airlines Incorporated (SAVE). On average, analysts give SAVE a Buy rating. The average price target is $28.1, which means analysts expect the stock to rise 45.82% over the next twelve months. This average ranking earns SAVE an analyst rating of 16, which is better than 16% of stocks based on data compiled by InvestorsObserver.

Wall Street analysts are rating SAVE a Buy today. Find out what this means to you and get the rest of the leaderboard on SAVE!

Why are analyst ratings important?

Analytical research by professionals can be extremely helpful when making stock market investment decisions. Analysts are able to observe industries in detail and learn how geographic impacts can affect a company’s bottom line. This information allows investors to make decisions ahead of the curve.

InvestorsObserver combines the ratings of these analysts and ranks them into percentiles. This gives you the ability to compare stocks in a comprehensive fashion as opposed to a standard buy/hold/sell valuation.

What’s going on with Spirit Airlines Incorporated stock today?

Shares of Spirit Airlines Incorporated (SAVE) are trading at $19.27 at 12:06 p.m. Thursday, October 13, up $0.57, or 3.05% from the previous closing price of 18.70 $. The stock has traded between $18.48 and $19.37 so far today. Today, the volume is below average. So far, 553,920 shares have been traded with an average volume of 1,784,548 shares. Click here for the full Spirit Airlines Incorporated stock report.

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