5 Best Airline Stocks to Buy According to Analysts

2. Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS)

Average Analyst Price Target as of February 20: $13.79

Upside Potential as of February 20: 80.73%

Number of Hedge Fund Holders: 12

Mexico City, Mexico-based Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) is an ultra-low-cost carrier, with point-to-point operations, serving Mexico, the United States, Central and South America.

On January 26, Goldman Sachs analyst Bruno Amorim lowered the price target for Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) shares to $11.1 from $12.4 and maintained a ‘Buy’ rating for its shares.

As of Q4 2023, Controladora Vuela Compañía de Aviación, S.A.B. de C.V. (NYSE:VLRS) shares were owned by 12 of the 933 hedge funds tracked by Insider Monkey. Michael Moriarty’s Teewinot Capital Advisers was at the top of this list with ownership of 3.2 million shares valued at $30 million.