Cowen and Company started coverage on shares of Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS) in a research note released on Wednesday morning, TheFlyOnTheWall.com reports. The firm issued an outperform rating and a $17.00 target price on the stock.
Cowen and Company has also updated their ratings on a number of other stocks in the last week. The firm lowered its price target on shares of Yamana Gold from $12.89 to $12.30. They have an outperform rating on that stock. Also, Cowen and Company raised its price target on shares of Nokia Co. from $5.00 to $7.50. They have a market perform rating on that stock. Finally, Cowen and Company raised its price target on shares of ENSCO PLC from $60.00 to $62.00. They have a market perform rating on that stock.
Controladora Vuela Co Avcn SA CV (NASDAQ:VLRS) traded down 1.84% during mid-day trading on Wednesday, hitting $13.31. 383,874 shares of the company’s stock traded hands. The stock’s 50-day moving average is $14.10 and its 200-day moving average is $14.10. The company has a market cap of $1.347 billion and a price-to-earnings ratio of 33.98.
Controladora Vuela Compania de Aviacion SAB de CV (NASDAQ:VLRS) is a Mexico-based company principally engaged in the airline passenger transportation industry.
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