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US Airways Group, Inc. Message Board

  • craigcrrd craigcrrd Jan 4, 2013 3:19 PM Flag

    will we see a 5 year high soon over $15

    looking good

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    • US Airways shares rose 159% in 2012, starting the year at $5.20 and ending up at $13.50.

      Gains are being fed by expectations that a merger with AMR will be announced shortly. Gains in US Airways Friday were also being fed by the carrier's December traffic report, which showed a 4% gain in passenger revenue per available mile. Target price at 22 if the merger go thru.

      Additionally, JP Morgan analyst Jamie Baker raised his fourth-quarter earnings estimate to 22 cents from 18 cents a share; consensus is 9 cents. Baker said US Airways' seasonal decline in revenue from the third to the fourth quarter would be about 7.6%, less than the typical decline of between 8.2% and 8.6%, which is "further evidence that demand trends appear largely intact."

      Sentiment: Strong Buy