Cowen & Co. Reiterates a Hold Rating on Copa Holdings

By Austin Angelo

Cowen & Co. analyst Helane Becker reiterated a Hold rating on Copa Holdings (NYSE: CPA) today and set a price target of $90. The company’s shares closed yesterday at $93.17, close to its 52-week high of $95.78.

According to TipRanks.com, Becker is a top 25 analyst with an average return of 25.3% and a 75.9% success rate. Becker covers the Services sector, focusing on stocks such as Triton International Limited, Allegiant Travel Company, and Textainer Group Holdings.

Copa Holdings has an analyst consensus of Moderate Buy, with a price target consensus of $97.50.

Copa Holdings’ market cap is currently $3.92B and has a P/E ratio of 22.13. The company has a book value ratio of 2.2829.

Copa Holdings SA is engaged in the provision of air transportation. It involves in an airline operation which provides passenger and cargo services through the Copa Airlines and Copa Colombia principal operating subsidiaries. The company offers international flights to Costa Rica, Jamaica, Colombia and other cities. Copa Holdings was founded on May 6, 1998 and is headquartered in Panama.