Zacks Research Upgrades LATAM Airlines Group (NYSE:LTM) to Hold

Posted by Geri Gentry on May 22nd, 2026

LATAM Airlines Group (NYSE:LTM – Get Free Report) was upgraded by stock analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research report issued to clients and investors on Wednesday,Zacks.com reports.

Several other brokerages have also recently issued reports on LTM. The Goldman Sachs Group reissued a “buy” rating and issued a $72.60 target price on shares of LATAM Airlines Group in a research report on Tuesday, May 12th. Citigroup upgraded shares of LATAM Airlines Group from a “neutral” rating to a “buy” rating and increased their price objective for the stock from $53.00 to $58.00 in a research note on Tuesday, March 17th. Wall Street Zen downgraded shares of LATAM Airlines Group from a “strong-buy” rating to a “buy” rating in a report on Saturday, May 2nd. Weiss Ratings restated a “hold (c)” rating on shares of LATAM Airlines Group in a research report on Tuesday, April 21st. Finally, Barclays reduced their target price on shares of LATAM Airlines Group from $75.00 to $67.00 and set an “overweight” rating for the company in a report on Tuesday, March 24th. Four investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $64.40.

Check Out Our Latest Report on LATAM Airlines Group

LATAM Airlines Group Trading Up 1.3%

Shares of LTM opened at $51.03 on Wednesday. The firm has a fifty day simple moving average of $49.89 and a two-hundred day simple moving average of $52.86. The firm has a market cap of $14.65 billion, a PE ratio of 8.78, a P/E/G ratio of 1.39 and a beta of 3.62. LATAM Airlines Group has a 1-year low of $36.41 and a 1-year high of $70.42.

LATAM Airlines Group (NYSE:LTM – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The transportation company reported $2.01 EPS for the quarter, topping the consensus estimate of $1.35 by $0.66. The company had revenue of $4.08 billion during the quarter, compared to analyst estimates of $3.96 billion. LATAM Airlines Group had a return on equity of 127.75% and a net margin of 11.03%. As a group, research analysts forecast that LATAM Airlines Group will post 4.34 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in LTM. Farther Finance Advisors LLC lifted its position in shares of LATAM Airlines Group by 49.1% during the 4th quarter. Farther Finance Advisors LLC now owns 747 shares of the transportation company’s stock valued at $40,000 after buying an additional 246 shares in the last quarter. Assetmark Inc. increased its holdings in LATAM Airlines Group by 684.3% in the 1st quarter. Assetmark Inc. now owns 1,302 shares of the transportation company’s stock worth $64,000 after acquiring an additional 1,136 shares in the last quarter. Leonteq Securities AG purchased a new stake in LATAM Airlines Group in the 4th quarter worth approximately $78,000. Tower Research Capital LLC TRC bought a new stake in LATAM Airlines Group during the 2nd quarter worth approximately $90,000. Finally, Rhumbline Advisers raised its stake in LATAM Airlines Group by 113.8% during the 1st quarter. Rhumbline Advisers now owns 3,194 shares of the transportation company’s stock worth $100,000 after acquiring an additional 1,700 shares during the period.

About LATAM Airlines Group

(Get Free Report)

LATAM Airlines Group SA is a Chilean-based airline holding company formed in 2012 through the merger of LAN Airlines of Chile and TAM Linhas Aéreas of Brazil. The Group offers passenger and cargo air transportation services across South America and beyond, operating under a multi‐brand strategy that encompasses several nationally recognized carriers. Headquartered in Santiago, Chile, LATAM is structured to serve diverse market segments with full-service, premium and low‐cost offerings.

The core business activities of LATAM Airlines Group include scheduled domestic and international passenger flights, air cargo services and maintenance, repair and overhaul (MRO) capabilities through its technical divisions.