Where is LATAM Airlines Group S.A. (LTM) Headed According to Analysts?

LATAM Airlines Group S.A. (NYSE:LTM) is one of the best affordable stocks with good earnings growth for 2026. Barclays reaffirmed a Buy rating on LATAM Airlines Group S.A. (NYSE:LTM) on December 10 and set a price target of $60.00. The rating update came after the company reported its preliminary monthly statistics for November 2025 on December 8, reporting that it transported 7.4 million passengers, reflecting a 4.9% year-over-year growth. Furthermore, it transported 79.6 million passengers between January and November.

LATAM Airlines Group S.A. (NYSE:LTM) added that it expanded its consolidated capacity, measured in available seat-kilometers (ASK), by 4.6% compared to the prior year period, with the growth primarily attributed to an 11.4% growth in LATAM Airlines Brazil’s domestic capacity, along with a 4.0% growth in international operations. Two international routes were inaugurated during the month, including Santiago (Chile) – Belo Horizonte (Brazil) and Bogotá (Colombia) – Belém (Brazil).

Management further reported that consolidated traffic, measured in revenue passenger-kilometers (RPK), grew 3.6% in November, and the domestic market in LATAM Airlines Brazil stood out because of a 12.1% year-over-year increase. Resultantly, LATAM Airlines Group S.A.’s (NYSE:LTM) load factor reached 85.4% in November.

In a separate development, Goldman Sachs lifted the price target on LATAM Airlines Group S.A. (NYSE:LTM) to $58.50 from $50.90 on December 5 and maintained a Buy rating on the stock. The firm told investors that it believes there is room for up to a 14% dividend yield in 2026, based on the firm’s published figures.

LATAM Airlines Group S.A. (NYSE:LTM) provides passenger air transportation and cargo services. The company operates through the Air Transport segment, which corresponds to the route network for air transport.

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Disclosure: None. This article is originally published at Insider Monkey.