Raymond James analyst Savanthi Syth reiterated a Buy rating on Southwest Airlines (NYSE:LUV) on Monday, setting a price target of $71, which is approximately 11.95% above the present share price of $63.42.
Syth expects Southwest Airlines to post earnings per share (EPS) of -$1.54 for the second quarter of 2021.
The current consensus among 15 TipRanks analysts is for a Strong Buy rating of shares in Southwest Airlines, with an average price target of $65.93.
The analysts price targets range from a high of $80 to a low of $51.
In its latest earnings report, released on 12/31/2020, the company reported a quarterly revenue of $2.01 billion and a net profit of -$1.17 billion. The company's market cap is $37.46 billion.
According to TipRanks.com, Raymond James analyst Savanthi Syth is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 17.9% and a 59.82% 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.