Wall Street Analysts Think LATAM (LTM) Could Surge 25.15%: Read This Before Placing a Bet

Core Viewpoint - LATAM (LTM) stock shows potential for upside, with a mean price target of $56.73 indicating a 25.2% increase from the current price of $45.33 [1] Price Targets - The average price target consists of four estimates ranging from $50.90 to $60.00, with a standard deviation of $4.32, suggesting a consensus among analysts [2] - The lowest estimate indicates a 12.3% increase, while the highest suggests a 32.4% upside [2] - A low standard deviation indicates greater agreement among analysts regarding price movement [9] Analyst Sentiment - Analysts are optimistic about LTM's earnings prospects, as indicated by a positive trend in earnings estimate revisions [4][11] - Over the last 30 days, the Zacks Consensus Estimate for the current year has increased by 5.4%, with two estimates moving higher and no negative revisions [12] Zacks Rank - LTM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] Conclusion on Price Targets - While the consensus price target may not be a reliable indicator of the extent of potential gains, it does provide a directional guide for price movement [14]