- Delta Air Lines is a leading airline with presence in six continents. It is well positioned to reap the forecasted growth in air travel especially in the emerging markets.
- Its stock produced a fantastic 107% return in one year as a result of Delta’s zeal to attain industry leading operational efficiency.
- The capital structure re-balancing is improving its valuation.
- The consensus target price estimate reveals that Delta’s stock presents an enticing upside of 24%. Even the most conservative valuation presents an attractive upside of 11%.