Imperial Capital Believes Delta Airlines (NYSE: DAL) Won’t Stop Here

By Ryan Adsit

In a report released today, Adam Hackel from Imperial Capital reiterated a Buy rating on Delta Airlines (NYSE: DAL), with a price target of $65. The company’s shares closed yesterday at $58.52, close to its 52-week high of $59.20.

Hackel has an average return of 10.8% when recommending Delta Airlines.

According to, Hackel is ranked #3137 out of 4743 analysts.

Currently, the analyst consensus on Delta Airlines is Strong Buy and the average price target is $70.67, representing a 20.8% upside.

In a report issued on January 8, Cowen & Co. also reiterated a Buy rating on the stock with a $69 price target.

Delta Airlines’ market cap is currently $39.83B and has a P/E ratio of 11.76. The company has a book value ratio of 2.9800.

Based on the recent corporate insider activity of 63 insiders, corporate insider sentiment is negative on the stock. Most recently, in December 2017, Edward Bastian, the CEO of DAL sold 51,789 shares for a total of $2,902,773.

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Delta Air Lines, Inc. engages in the provision of scheduled air transportation for passengers and cargo. It operates through the folllowing segments: Airline, Refinery, and Other. The Airline segment provides scheduled air transportation for passengers and cargo. The Refinery segment consists of jet fuel and non-jet fuel products.