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Controladora Vuela Compania de Aviacion SAB de CV (VLRS) Gets a Buy Rating from Goldman Sachs

Goldman Sachs analyst Bruno Amorim maintained a Buy rating on Controladora Vuela Compania de Aviacion SAB de CV (VLRSResearch Report) today and set a price target of $19.70. The company’s shares closed last Tuesday at $9.65, close to its 52-week low of $9.24.

Amorim has an average return of 74.4% when recommending Controladora Vuela Compania de Aviacion SAB de CV.

According to TipRanks.com, Amorim is ranked #1197 out of 7907 analysts.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Controladora Vuela Compania de Aviacion SAB de CV with a $23.14 average price target, implying a 136.1% upside from current levels. In a report issued on June 27, Evercore ISI also maintained a Buy rating on the stock with a $20.00 price target.

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Controladora Vuela Compania de Aviacion SAB de CV’s market cap is currently $1.18B and has a P/E ratio of -6.33.

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Controladora Vuela Compañía de Aviación SAB de CV is a holding company, which engages in the provision of air transportation services. It also provides cargo services. The company was founded by Roberto José Kriete Avila and Carlos Mendoza Valencia on October 27, 2005 and is headquartered in Mexico City.

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