Allegiant Travel Company Stock Forecast NASDAQ:ALGT

Price Target and Analyst Ratings

Most Recent Rating

On September 14, 2021 "Morgan Stanley" gave "$326.00 - $300.00" rating for ALGT. The price target was set to $194.46+3.0%.

Last 30 Days

Historical Ratings

Date	Rating	Action	Authority	Current Price	Target Price
2021-09-14	$326.00 - $300.00	Target Lowered by	Morgan Stanley	$191.52	$194.46+3.0%
2021-07-29	$260.00	Upgraded by	Bank of America	$196.23	$197.32+2.8%
2021-07-21	$290.00 - $260.00	Target Lowered by	Raymond James	$196.36	$194.20+3.1%
2021-07-21	$290.00 - $260.00	Reiterated by	Raymond James	$196.36	$188.45+7.7%
2021-07-21	$230.00	Upgraded by	MKM Partners	$196.36	$188.45+7.7%
2021-07-13	$245.00	Initiated by	Susquehanna Bancshares	$189.25	$190.99→1.2%
2021-07-13	$245.00	Initiated by	Susquehanna	$189.25	$193.24+0.4%
2021-06-10	Neutral	Initiated by	MKM Partners	$206.87	$230.00
2021-06-01	Overweight	Target Raised by	Morgan Stanley	$228.22	$325.00 → $326.00
2021-05-11	Overweight	Target Raised by	Morgan Stanley	$224.13	$300.00 → $325.00
2021-05-05	Overweight	Target Raised by	Morgan Stanley	$234.00	$300.00 → $325.00
2021-04-21	Overweight	Target Raised by	Barclays	$239.45	$237.00 → $300.00
2021-04-20	Buy	Target Raised by	Deutsche Bank Aktiengesellschaft	$231.47	$250.00 → $285.00
2021-04-19	Strong-Buy	Target Raised by	Raymond James	$243.41	$230.00 → $290.00
2021-04-15	Overweight	Target Raised by	Barclays	$249.25	$237.00 → $300.00
2021-04-14	Buy	Target Raised by	Deutsche Bank Aktiengesellschaft	$248.75	$250.00 → $285.00
2021-04-12	Strong-Buy	Target Raised by	Raymond James	$249.30	$230.00 → $290.00
2021-03-16	Neutral	Target Raised by	The Goldman Sachs Group	$256.97	$156.00 → $278.00
2021-03-15	Overweight	Target Raised by	Morgan Stanley	$268.81	$190.00 → $300.00
2021-03-08	Overweight	Target Raised by	Morgan Stanley	$258.17	$190.00 → $300.00
2021-03-05	Underweight - Market Weight	Upgraded by	Wolfe Research	$244.07	$200.00 → $238.00
2021-02-04	Hold - Buy	Upgraded by	Deutsche Bank Aktiengesellschaft	$219.38	$250.00
2021-02-04	Strong-Buy	Target Raised by	Raymond James	$219.38	$215.00 → $230.00
2021-01-11	Market Perform - Outperform	Upgraded by	Cowen	$185.69	$214.00
2021-01-08	Buy - Neutral	Downgraded by	Bank of America	$186.92
2020-12-14	Overweight	Target Raised by	Morgan Stanley	$172.43	$175.00 → $190.00
2020-12-11	Buy - Hold	Downgraded by	Deutsche Bank Aktiengesellschaft	$174.71	$145.00 → $180.00
2020-12-01	Hold	Reiterated by	Raymond James	$172.59
2020-11-30	Strong-Buy	Target Raised by	Raymond James	$170.19	$155.00 → $215.00
2020-11-12	Market Perform	Target Raised by	Cowen	$145.86	$140.00 → $165.00
2020-11-02	Overweight	Target Raised by	Morgan Stanley	$131.38	$174.00 → $175.00
2020-10-29	Market Perform	Target Raised by	Cowen	$137.57	$130.00 → $140.00
2020-10-29	Strong-Buy	Target Raised by	Raymond James	$137.57	$152.00 → $155.00
2020-10-12	Underweight - Overweight	Upgraded by	Barclays	$127.95	$100.00 → $150.00
2020-10-12	Buy	Upgraded by	Barclays	$127.95	$150.00
2020-10-05	Overweight	Target Lowered by	Morgan Stanley	$117.66	$175.00 → $174.00
2020-09-30	Strong-Buy	Target Raised by	Raymond James	$119.80	$135.00 → $152.00
2020-09-15	Buy	Initiated by	Seaport Global Securities	$138.47	$166.00
2020-09-09	Buy	Target Raised by	Deutsche Bank	$133.84	$130.00 → $145.00
2020-09-08	Overweight	Initiated by	Morgan Stanley	$134.54	$175.00
2020-07-30	Buy	Target Raised by	Stifel Nicolaus	$111.49	$123.00 → $127.00
2020-07-24	Peer Perform - Outperform	Upgraded by	Wolfe Research	$113.58	$200.00
2020-07-13	Buy	Target Raised by	Deutsche Bank	$109.89	$110.00 → $130.00
2020-06-28	Buy - Neutral	Downgraded by	Goldman Sachs Group	$106.70	$133.00 → $142.00
2020-06-22	Outperform - Strong-Buy	Upgraded by	Raymond James	$110.30	$115.00 → $135.00
2020-05-13	Market Perform - Outperform	Upgraded by	Raymond James	$77.65	$115.00
2020-05-04	Neutral - Underweight	Downgraded by	Barclays	$70.04	$97.00 → $73.00
2020-04-21	Buy	Target Lowered by	Deutsche Bank	$72.72	$160.00 → $110.00

ALGT Stock Trend

The stockis at the upper part of a wide and horizontal trend and normally this may pose a good selling opportunity but a break-up through the top trend line at $196.86 will give a strong buy signal and a trend shift could be expected.

Given the current horizontal trend, you can expect Allegiant Travel Company stock with a 90% probability to be traded between $169.27 and $193.22 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stocks seldom manage to go directly from the bottom of a trend up to the top. Stocks turning up in the middle of a horizontal trend are therefore considered to be potential runners. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

WARNING: Trend forecast is still in the development phase and should be used with caution. Some cases might produce unexpected results such as negative prices at the end of the trend.

Data

Date	Bottom	Mid	Top
2021-09-20	$172.40	$184.60	$196.81
2021-09-21	$172.34	$184.54	$196.75
2021-09-22	$172.28	$184.49	$196.69
2021-09-23	$172.22	$184.43	$196.63
2021-09-24	$172.17	$184.37	$196.57
2021-09-27	$172.11	$184.31	$196.51
2021-09-28	$172.05	$184.25	$196.45
2021-09-29	$171.99	$184.19	$196.39
2021-09-30	$171.93	$184.13	$196.33
2021-10-01	$171.87	$184.07	$196.27
2021-10-04	$171.81	$184.01	$196.21
2021-10-05	$171.75	$183.95	$196.16
2021-10-06	$171.69	$183.89	$196.10
2021-10-07	$171.63	$183.84	$196.04
2021-10-08	$171.57	$183.78	$195.98
2021-10-11	$171.52	$183.72	$195.92
2021-10-12	$171.46	$183.66	$195.86
2021-10-13	$171.40	$183.60	$195.80
2021-10-14	$171.34	$183.54	$195.74
2021-10-15	$171.28	$183.48	$195.68
2021-10-18	$171.22	$183.42	$195.62
2021-10-19	$171.16	$183.36	$195.57
2021-10-20	$171.10	$183.30	$195.51
2021-10-21	$171.04	$183.25	$195.45
2021-10-22	$170.98	$183.19	$195.39
2021-10-25	$170.93	$183.13	$195.33
2021-10-26	$170.87	$183.07	$195.27
2021-10-27	$170.81	$183.01	$195.21
2021-10-28	$170.75	$182.95	$195.15
2021-10-29	$170.69	$182.89	$195.09

About Allegiant Travel Company

Allegiant Travel Company, a leisure travel company, focuses on the provision of travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited frequency nonstop flights between under-served cities and leisure destinations. As of February 1, 2016, it operated a fleet of 51 MD-80 aircraft, 12 Airbus A319 aircraft, 26 A320 series aircraft, and 5 Boeing 757-200 aircraf... Read more

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