LTM.N Hits 20-Day High Amid Positive Market Sentiment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 17 Nov 25
Source: WSJ
Shares of LTM.N surged today, reaching a 20-day high as bullish sentiment swept through the market. The stock's upward momentum indicates strong investor confidence, particularly following recent favorable earnings reports and optimistic forecasts from analysts. This breakout suggests a potential continuation of the upward trend, as technical indicators align with the positive price action. Market analysts attribute this rally to a combination of robust demand for LTM's products and a broader market recovery, positioning the stock favorably for future gains.
Analyst Views on LTM
Wall Street analysts forecast LTM stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for LTM is 59.25 USD with a low forecast of 58.50 USD and a high forecast of 60.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
2 Analyst Rating
2 Buy
0 Hold
0 Sell
Moderate Buy
Current: 66.130
Low
58.50
Averages
59.25
High
60.00
Current: 66.130
Low
58.50
Averages
59.25
High
60.00
About LTM
LATAM Airlines Group SA is a Chile-based company, which is engaged in passenger and cargo air transportation, both in the domestic markets of Chile, Peru, Argentina, Colombia, Ecuador and Brazil and in a developed series of regional and international routes in America, Europe and Oceania. These businesses are performed directly or through its subsidiaries in different countries. It operates through two segments: the Air transportation business and the Coalition and loyalty program Multiplus. It Air transportation segment corresponds to the route network for air transport. Its segment of Coalition and loyalty program called Multiplus is a frequent flyer programs, which operate as a unilateral system of loyalty that offers a flexible coalition system. The Company operates a fleet of over 329 aircrafts. Its passenger aircrafts include Airbus A319-100, Airbus A350-900, Boeing 767-300ER, Boeing 787-8, Boeing 787-9 and Boeing 777-300ER.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
