- Hawaiian Airlines and Alaska Air (ALK, Financial) are enhancing passenger services through strategic airport gate alignments.
- Analyst forecasts suggest substantial upside potential for Alaska Air Group Inc's stock price.
- GuruFocus estimates indicate a significant valuation upside for investors.
In a strategic move to enhance the passenger experience, Hawaiian Airlines is relocating its airport gates and ticket counters to align with those of Alaska Air (ALK) at key airports. This integration, affecting major airports like New York's JFK and Los Angeles International, aims to streamline services and offer travelers a more seamless journey.
Wall Street Analysts' Insights
Alaska Air Group Inc (ALK, Financial) is drawing attention from Wall Street analysts, with 13 experts offering one-year price targets. The average target stands at $69.26, with projections ranging from a high of $90.00 to a low of $54.00. This average price target suggests a compelling potential upside of 53.67% from the current share price of $45.07. For a deeper dive into these projections, explore the Alaska Air Group Inc (ALK) Forecast page.
Brokerage Recommendations
Seventeen brokerage firms have collectively given Alaska Air Group Inc (ALK, Financial) a robust average recommendation score of 2.0, categorizing the stock as "Outperform". This score is derived from a scale where 1 represents a Strong Buy, and 5 indicates a Sell. This positive brokerage sentiment underscores the stock's favorable outlook amid market analysts.
GuruFocus Valuation
According to GuruFocus estimates, the GF Value for Alaska Air Group Inc (ALK, Financial) in the upcoming year is pegged at $70.21, offering an estimated upside potential of 55.78% from the current price of $45.07. The GF Value represents GuruFocus' calculation of fair value, derived from the stock's historical trading multiples and business growth trajectory, along with future business performance estimates. For more comprehensive data, visit the Alaska Air Group Inc (ALK) Summary page.
