Virgin America Inc. (NASDAQ:VA) had its target price lifted by Deutsche Bank AG from $55.00 to $57.00 in a research report released on Wednesday morning. They currently have a hold rating on the stock.

Other research analysts have also issued research reports about the stock. Imperial Capital started coverage on shares of Virgin America in a research note on Friday, September 23rd. They set an in-line rating and a $57.00 price target on the stock. JPMorgan Chase & Co. upgraded shares of Virgin America from an underweight rating to a neutral rating in a research note on Tuesday. Finally, Vetr lowered shares of Virgin America from a strong-buy rating to a sell rating and set a $50.27 price target on the stock. in a research note on Tuesday, September 27th. One equities research analyst has rated the stock with a sell rating, twelve have given a hold rating and five have issued a buy rating to the company. Virgin America has a consensus rating of Hold and an average target price of $41.75.

Shares of Virgin America (NASDAQ:VA) traded up 0.02% on Wednesday, hitting $52.40. The company had a trading volume of 99,743 shares. Virgin America has a 12 month low of $26.30 and a 12 month high of $56.54. The company has a 50-day moving average of $54.70 and a 200 day moving average of $54.96. The stock has a market cap of $2.34 billion, a PE ratio of 7.34 and a beta of 1.63.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VA. BlackRock Inc. raised its position in Virgin America by 9.4% in the first quarter. BlackRock Inc. now owns 2,910 shares of the company’s stock valued at $113,000 after buying an additional 249 shares during the last quarter. Credit Agricole S A purchased a new position in Virgin America during the first quarter valued at $713,000. Lazard Asset Management LLC raised its position in Virgin America by 833.8% in the first quarter. Lazard Asset Management LLC now owns 44,400 shares of the company’s stock valued at $1,712,000 after buying an additional 39,645 shares during the last quarter. Quadrature Capital Ltd purchased a new position in Virgin America during the first quarter valued at $600,000. Finally, HBK Investments L P purchased a new position in Virgin America during the first quarter valued at $259,000. 77.60% of the stock is currently owned by institutional investors and hedge funds.

About Virgin America

Virgin America Inc is an airline that provides scheduled air travel in the United States and Mexico. The Company operates in air transportation service segment. The Company operates from Los Angeles and San Francisco with a presence at Dallas Love Field (DAL) to other destinations in North America. The Company provides service to over 20 airports in the United States and Mexico with a fleet of over 60 narrow-body aircraft.

5 Day Chart for NASDAQ:VA

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