Allegiant Travel Company Gets a Hold Rating from Cowen & Co.

By Ryan Adsit

Cowen & Co. analyst Helane Becker assigned a Hold rating to Allegiant Travel Company (NASDAQ: ALGT) today and set a price target of $136. The company’s shares opened today at $120.15, close to its 52-week high of $182.25.

According to TipRanks.com, Becker is a top 25 analyst with an average return of 22.1% and a 75.8% success rate. Becker covers the Services sector, focusing on stocks such as Air Transport Services, WestJet Airlines Ltd, and Southwest Airlines.

Allegiant Travel Company has an analyst consensus of Moderate Buy, with a price target consensus of $157.67.

The company has a one year high of $182.25 and a one year low of $114.35. Currently, Allegiant Travel Company has an average volume of 144.1K.

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Allegiant Travel Co. engages in the provision of travel services. It includes scheduled service air transportation; air-related travel services and product; third party travel products, and fixed fee contract air transportation. The company was founded in 1997 and is headquartered in Las Vegas, NV.