Is Delta Airlines (NYSE:DAL) a Sell? What does Susquehanna Think?

Delta Air Lines, Inc. (NYSE:DAL) Logo

Investors sentiment decreased to 0.99 in 2018 Q2. Its down 0.27, from 1.26 in 2018Q1. It dived, as 78 investors sold Delta Air Lines, Inc. shares while 271 reduced holdings. 87 funds opened positions while 259 raised stakes. 568.41 million shares or 0.26% less from 569.91 million shares in 2018Q1 were reported.

Capital Mngmt Va reported 2.39% stake. Thrivent Fincl For Lutherans reported 1.53 million shares. Muhlenkamp & Incorporated has 2.18% invested in Delta Air Lines, Inc. (NYSE:DAL) for 115,308 shares. Carroll Assoc Inc invested in 0% or 376 shares. Investment Advisors, a Indiana-based fund reported 25,435 shares. Williams Jones & Associates Limited Liability Corp invested in 203,576 shares or 0.22% of the stock. 151,533 were reported by Invest House Limited Com. Pictet Asset Management Limited owns 0.02% invested in Delta Air Lines, Inc. (NYSE:DAL) for 169,251 shares. Cadence Cap Mngmt Ltd Liability Co accumulated 89,965 shares. Bkd Wealth Advsrs Ltd Liability owns 9,750 shares. Bain Cap Credit Lp has 0.35% invested in Delta Air Lines, Inc. (NYSE:DAL) for 40,133 shares. Skylands Capital Lc accumulated 206,050 shares. Pggm has invested 0.08% in Delta Air Lines, Inc. (NYSE:DAL). Amer Gp holds 76,048 shares. Exane Derivatives invested in 543 shares or 0% of the stock.

Since May 31, 2018, it had 0 buys, and 8 insider sales for $5.52 million activity. Another trade for 12,000 shares valued at $654,000 was sold by Smith Joanne D. West W Gilbert also sold $607,106 worth of Delta Air Lines, Inc. (NYSE:DAL) on Thursday, July 26. Meynard Craig M also sold $97,378 worth of Delta Air Lines, Inc. (NYSE:DAL) shares. CARP DANIEL A also sold $1.29M worth of Delta Air Lines, Inc. (NYSE:DAL) shares. EASTER WILLIAM H III also sold $175,419 worth of Delta Air Lines, Inc. (NYSE:DAL) on Friday, August 31.

Why Has Susquehanna Given Delta Airlines (NYSE:DAL) a $69.0000 Price Target

Stock analysts at Susquehanna has initiated coverage on Delta Airlines (NYSE:DAL) with a key Buy rating. The target for DAL is $69.0000. It gives a possible upside of 13.66 % from firm’s current price.

Delta Air Lines, Inc. (NYSE:DAL) Ratings Coverage

Among 11 analysts covering Delta Airlines (NYSE:DAL), 11 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Delta Airlines has $95 highest and $53 lowest target. $69.82’s average target is 15.01% above currents $60.71 stock price. Delta Airlines had 19 analyst reports since June 7, 2018 according to SRatingsIntel. Buckingham Research maintained it with “Buy” rating and $70 target in Thursday, June 7 report. The firm has “Buy” rating by Deutsche Bank given on Wednesday, October 17. The rating was maintained by Buckingham Research with “Buy” on Wednesday, October 10. As per Wednesday, October 3, the company rating was maintained by Imperial Capital. The firm has “Overweight” rating given on Monday, July 16 by Barclays Capital. The rating was maintained by Buckingham Research with “Buy” on Friday, September 7. The rating was initiated by Susquehanna on Wednesday, November 28 with “Buy”. Stifel Nicolaus maintained the stock with “Buy” rating in Friday, July 13 report. Citigroup maintained Delta Air Lines, Inc. (NYSE:DAL) on Wednesday, October 3 with “Buy” rating. The rating was maintained by Citigroup with “Buy” on Thursday, June 7.

The stock increased 3.14% or $1.85 during the last trading session, reaching $60.71. About 10.85 million shares traded or 63.07% up from the average. Delta Air Lines, Inc. (NYSE:DAL) has risen 17.03% since December 2, 2017 and is uptrending. It has outperformed by 1.41% the S&P500.

Analysts await Delta Air Lines, Inc. (NYSE:DAL) to report earnings on January, 10. They expect $1.20 earnings per share, up 25.00 % or $0.24 from last year’s $0.96 per share. DAL’s profit will be $819.62M for 12.65 P/E if the $1.20 EPS becomes a reality. After $1.80 actual earnings per share reported by Delta Air Lines, Inc. for the previous quarter, Wall Street now forecasts -33.33 % negative EPS growth.

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company has market cap of $41.47 billion. The firm operates through two divisions, Airline and Refinery. It has a 11.96 P/E ratio. The Company’s route network is centered around a system of hubs, international gateways, and airports in Amsterdam, Atlanta, Boston, Detroit, London-Heathrow, Los Angeles, Minneapolis-St.

More notable recent Delta Air Lines, Inc. (NYSE:DAL) news were published by: Bizjournals.com which released: “UPS CEO Dave Abney takes Chamber gavel from Russell Stokes (Photos) – Atlanta Business Chronicle” on November 29, 2018, also Bizjournals.com with their article: “Delta’s new A220: See inside the plane that changed aerospace – Denver Business Journal” published on November 23, 2018, Bizjournals.com published: “Sky Harbor passenger numbers up ahead of busy holiday travel season – Phoenix Business Journal” on December 01, 2018. More interesting news about Delta Air Lines, Inc. (NYSE:DAL) were released by: Fool.com and their article: “Alaska Airlines Could Cash In on Amazon’s HQ2 Decision – The Motley Fool” published on November 18, 2018 as well as Fool.com‘s news article titled: “Is This Budget Airline Diversifying or Just Losing Focus? – The Motley Fool” with publication date: November 25, 2018.

Delta Air Lines, Inc. (NYSE:DAL) Institutional Positions Chart

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