Barclays Maintains an 'Overweight' on Delta Air Lines (DAL); Upside Potential on Atlantic Re-alignment
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Price: $49.28 +0.53%
Rating Summary:
26 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 10 | New: 13
Rating Summary:
26 Buy, 4 Hold, 0 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 15 | Down: 10 | New: 13
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Barclays maintains an 'Overweight' on Delta Air Lines (NYSE: DAL), PT $16.
Barclays analyst says, "DAL has performed well in the industry recovery, but we believe revenue performance on the international front leaves room for improvement, particularly in the Atlantic. As DAL embarks upon a material capacity re-alignment in the region this fall, we see room for upside. Achieving merely industry average performance in the region could add $300mm or 35c in incremental earnings. There are other sources of potential upside for DAL, but we believe Atlantic capacity reductions and the resulting impact on the company's revenue generation are among the largest opportunities facing the company in 2011."
For more ratings news on Delta Air Lines click here and for the rating history of Delta Air Lines click here.
Shares of Delta Air Lines closed at $10.47 yesterday.
Barclays analyst says, "DAL has performed well in the industry recovery, but we believe revenue performance on the international front leaves room for improvement, particularly in the Atlantic. As DAL embarks upon a material capacity re-alignment in the region this fall, we see room for upside. Achieving merely industry average performance in the region could add $300mm or 35c in incremental earnings. There are other sources of potential upside for DAL, but we believe Atlantic capacity reductions and the resulting impact on the company's revenue generation are among the largest opportunities facing the company in 2011."
For more ratings news on Delta Air Lines click here and for the rating history of Delta Air Lines click here.
Shares of Delta Air Lines closed at $10.47 yesterday.
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