UBS Maintains a 'Buy' on US Airways Group (LCC); Raising Numbers on Strong Outlook/Guidance

January 26, 2012 2:17 PM EST
Get Alerts LCC Hot Sheet
Price: $22.55 --0%

Rating Summary:
    6 Buy, 2 Hold, 1 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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UBS maintains a 'Buy' on US Airways Group (NYSE: LCC) price target raised from $10 to $14.

UBS analyst says, "US Airways beat Street EPS by more than a dime in 4Q. Revenue was in-line at up 8.5%, but costs came in at the lower end of guidance. Both international and domestic showed revenue strength with unit revenue (RASM) up double digits...Our 2012 EPS estimate moves to $2.91 from $1.81 on both better revenue and cost outlook." (FY13 raised from $3.18 to $4.13)

For an analyst ratings summary and ratings history on US Airways Group click here. For more ratings news on US Airways Group click here.

Shares of US Airways Group closed at $7.52 yesterday.


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