LATAM Airlines (LTM) reached a new 52-week high, up 110% in the past year. Wall Street is positive with 5 “Strong Buy” and 1 “Moderate Buy” ratings, price targets range from $56 to $80. Valued at $19.60 billion, LATAM serves 151 destinations with a fleet of 347 aircraft.

Founded in 1929, LATAM Airlines merged with TAM Airlines in 2012 to form the LATAM Airlines Group. The group operates in multiple countries, mainly Brazil, Chile, Peru, Colombia, and Ecuador. It offers passenger and cargo transportation services across the Americas, Europe, and Oceania.

LATAM Airlines’ stock hit a 52-week high of $70.42 and has a 100% “Buy” opinion from Barchart. The stock is up 109.74% over the past year, trading at $65.97. The company has a market capitalization of $19.60 billion, with a 2.15% dividend yield and strong revenue and earnings growth projections.

LATAM Airlines has robust growth metrics, with year-over-year EPS growth at 53% and forward revenue growth projected at 9%. The stock is highly rated by Wall Street analysts, with price targets ranging from $56 to $80, and has garnered significant investor interest. The company’s financial performance indicates strong expansion and potential.

Read more at Yahoo Finance.: 1 Hot Stock to Watch That’s Up 110% in Just the Past 52 Weeks