Are Wall Street Analysts Bullish on Delta Air Lines Stock?

With a market cap of around $35 billion, Delta Air Lines, Inc. (DAL) is one of the four major carriers that dominate over 60% of the U.S. aviation market. Operating primarily through its Airline and Refinery segments, Delta provides domestic and international air transportation for passengers and cargo, supported by a fleet of approximately 1,292 aircraft.

Shares of the Atlanta, Georgia-based company have outperformed the broader market over the past 52 weeks. DAL stock has climbed 23.6% over this time frame, while the broader S&P 500 Index ($SPX) has returned over 18%. However, shares of Delta Air Lines are down 11.7% on a YTD basis, lagging behind SPX’s 9.1% gain.