Jefferies (NYSE:JEF) analyst Sheila Kahyaoglu maintained a Buy rating on Southwest Airlines (NYSE:LUV) on Sunday, setting a price target of $65, which is approximately 28.21% above the present share price of $50.7.
Kahyaoglu expects Southwest Airlines to post earnings per share (EPS) of $0.00 for the third quarter of 2021.
The current consensus among 10 TipRanks analysts is for a Strong Buy rating of shares in Southwest Airlines, with an average price target of $69.5.
The analysts price targets range from a high of $85 to a low of $65.
In its latest earnings report, released on 06/30/2021, the company reported a quarterly revenue of $4.01 billion and a net profit of $594 million. The company's market cap is $29.98 billion.
According to TipRanks.com, Jefferies analyst Sheila Kahyaoglu is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 64.52% success rate.
Southwest Airlines Co. is a passenger airline which provides scheduled air transportation in the United States and near-international markets. As of Dec. 31, 2020, the air carrier operated a total fleet of 718 Boeing (NYSE:BA) 737 aircrafts and covered 107 destinations.