LATAM Airlines (LTM) reached a new 52-week high and is up 110% over the past year. With a 100% technical “Buy” rating from Barchart, the stock has strong Wall Street sentiment and price targets between $56 and $80. Founded in 1929, LATAM serves 151 destinations in 27 countries with a fleet of 347 aircraft. The company’s market cap is $19.60 billion, and it has a 12.93x trailing price-earnings ratio. Analysts give LTM 5 “Strong Buy” and 1 “Moderate Buy” ratings. The stock recently traded at $65.97 with a 50-day moving average of $57.08, showing a 35.19% increase since Nov. 19.
Source: https://www.barchart.com/stocks/quotes/LTM/interactive-chart
Read more at Barchart: 1 Stock to Buy That’s Up 110% in Just the Past 52 Weeks
