Frontier Group Holdings Inc (Symbol: ULCC) shares recently surpassed the average analyst 12-month target price of $6.71, trading at $6.89 per share. This shift prompts analysts to reconsider their valuations, with one target as low as $4.10 and another as high as $13.00. The average target price is derived from contributions by 10 analysts, resulting in a standard deviation of $2.572.
As of now, there is one strong buy rating, one buy rating, and eight hold ratings, with no sell or strong sell ratings reported. The average rating, evaluated on a scale from 1 (Strong Buy) to 5 (Strong Sell), is currently at 2.7, indicating a generally favorable outlook among analysts. These figures reflect a notable increase in hold ratings over the past months, suggesting a cautious but positive sentiment towards the stock.
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