• Investing
  • Stock
Round Table Thoughts
  • Economy
  • Editor’s Pick
Home Investing Jefferies analyst reveals her only buy-rated airline stock
Investing

Jefferies analyst reveals her only buy-rated airline stock

by November 24, 2022
by November 24, 2022 0 comment
Share
0
FacebookTwitterPinterestWhatsapp

Delta Air Lines Inc (NYSE: DAL) is the best one to own for investors interested in playing the air carriers, says Sheila Kahyaoglu. She’s a Senior Equity Research Analyst at Jefferies.

Kahyaoglu’s bull case for Delta Air Lines

What sets it apart from the rest of the bunch, she noted, is its ancillary business that she’s convinced is not entirely backed into the stock price.

Delta has a maintenance repair business. It’s $5.0 billion in revenue that we value at $10 billion; and a loyalty programme business we value at $10 billion. Compare that to enterprise value of $35 billion, that’s where we see value in Delta.

In its latest reported quarter, though, the air carrier came in slightly below Street expectations.

Nonetheless, Delta Air Lines stock is still down nearly 25% versus its year-to-date high. So, it remains attractive in terms of valuation.

Delta Air Lines stock has upside to $40

Other than that, of course, continued demand, particularly on the leisure side of things heading into the holiday season was among other reasons cited for the bullish view on this airline stock.

According to the Transportation Security Administration, it screened about 12% more passengers going into this holiday week versus pre-pandemic. On CNBC’s “Closing Bell: Overtime”, Kahyaoglu added:

Delta is our only buy-rated stock in network carriers. We like the diversification and where they’re exposed to corporate customers, which is small-to-mid-sized businesses, where you’re seeing the recovery improve much faster.

The Jefferies analyst sees upside in Delta Air Lines stock to $40 a share – that’s up another 15% from here.

The post Jefferies analyst reveals her only buy-rated airline stock appeared first on Invezz.

You Might Also Like
  • Pro recommends buying Shake Shack stock despite soft guidance
  • Is Lululemon Athletica eyeing a Santa Claus rally to the April highs?
  • CBI says the UK is in a “short and shallow” recession
  • Should you buy Oracle stock despite soft guidance?
Share
0
FacebookTwitterPinterestWhatsapp

previous post
World Cup shock dumps Argentina token
next post
ConsenSys reveals it collects IP addresses of MetaMask users

You may also like

Pro recommends buying Shake Shack stock despite soft guidance

January 10, 2023

Rent the Runway stock surged: What can go wrong?

December 9, 2022

JD Sports shares collapsed in 2022: Is it a buy...

December 21, 2022

Long Put Option Strategy

October 11, 2023

Avoid Market Crash Drawdowns with Options

April 12, 2023

Eurozone inflation beats expectations, what will ECB do?

January 6, 2023

Gene Munster doesn’t see China shutdowns as a threat for...

November 28, 2022

What’s happening to the Roblox stock today?

December 15, 2022

Boohoo vs Asos: Which is the better UK e-commerce stock?

December 23, 2022

Jim Cramer likes Tesla shares at current price

December 5, 2022

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’ consumer products

      May 30, 2025
    • Nvidia results spark global chip rally

      May 30, 2025
    • Boeing to resume airplane deliveries to China next month, ramp up Max production, CEO says

      May 29, 2025
    • Nuclear Power Trio: OKLO, SMR, and CCJ in Focus

      May 29, 2025
    • Analyzing SIL, USO, and NVDA: Could These Bullish Patterns Trigger?

      May 29, 2025

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be...

      June 27, 2024 2,765 views
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as...

      August 9, 2024 2,470 views
    • 3

      Biden appointee played key role in recruiting Chinese...

      June 25, 2024 2,451 views
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful...

      July 10, 2024 2,431 views
    • 5

      Harris VP pick spent years promoting research facility...

      August 29, 2024 2,307 views

    Categories

    • Economy (7,009)
    • Editor's Pick (2,105)
    • Investing (538)
    • Stock (2,578)

    Popular Posts

    • 1

      Trump-era China sanctions ended by Biden may be revived under new House GOP bill

      June 27, 2024
    • 2

      Walz’s honeymoon with China gets fresh scrutiny as Harris camp blasts ‘lying’ critics

      August 9, 2024
    • 3

      Biden appointee played key role in recruiting Chinese businesses to Delaware: ‘Longtime friends’

      June 25, 2024
    • 4

      Shein’s global ambitions leaves some cybersecurity experts fearful of Chinese spy threats

      July 10, 2024
    • 5

      Harris VP pick spent years promoting research facility that collaborated with ‘Chinese military company’

      August 29, 2024

    Latest News

    • Amazon taps Xbox co-founder to lead new team developing ‘breakthrough’...

      May 30, 2025
    • Nvidia results spark global chip rally

      May 30, 2025
    • Boeing to resume airplane deliveries to China next month, ramp...

      May 29, 2025

    Categories

    • Economy (7,009)
    • Editor's Pick (2,105)
    • Investing (538)
    • Stock (2,578)

    Disclaimer: RoundTableThoughts.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 RoundTableThoughts.com. All Rights Reserved.

    Round Table Thoughts
    • Investing
    • Stock
    Round Table Thoughts
    • Economy
    • Editor’s Pick

    Read alsox

    Protective Put: Defensive Option Strategy Explained

    May 24, 2023

    Tesco share price stuck at 200MA...

    January 11, 2023

    Bitcoin remains vulnerable near $16k amid...

    November 23, 2022
    Sign In

    Keep me signed in until I sign out

    Forgot your password?

    Password Recovery

    A new password will be emailed to you.

    Have received a new password? Login here