Citigroup gives a Neutral recommendation for Frontier Group Holdings Inc (ULCC)

Frontier Group Holdings Inc’s filing revealed that its SVP, Customers Clerc Alexandre unloaded Company’s shares for reported $46658.0 on Jun 02 ’25. In the deal valued at $3.89 per share,12,000 shares were sold. As a result of this transaction, Clerc Alexandre now holds 11,912 shares worth roughly $42764.08.

Then, Alex Clerc bought 12,000 shares, generating $46,560 in total proceeds.

Before that, Clerc Alexandre sold 15,152 shares. Frontier Group Holdings Inc shares valued at $100,534 were divested by the SVP, Customers at a price of $6.63 per share. As a result of the transaction, Clerc Alexandre now holds 23,912 shares, worth roughly $85844.08.

A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Hold”. Deutsche Bank also remained covering ULCC and has increased its forecast on December 11, 2024 with a “Buy” recommendation from previously “Hold” rating.

Price Performance Review of ULCC

On Monday, Frontier Group Holdings Inc [NASDAQ:ULCC] saw its stock jump 4.66% to $3.59. Over the last five days, the stock has lost -10.03%. Frontier Group Holdings Inc shares have fallen nearly -49.51% since the year began. Nevertheless, the stocks have fallen -32.65% over the past one year. While a 52-week high of $10.26 was reached on 02/10/25, a 52-week low of $2.79 was recorded on 04/30/25.

Levels Of Support And Resistance For ULCC Stock

The 24-hour chart illustrates a support level at 3.44, which if violated will result in even more drops to 3.30. On the upside, there is a resistance level at 3.72. A further resistance level may holdings at 3.85.

The most recent change occurred on October 22, 2024 when Citigroup resumed its ‘”a Neutral”‘ rating for the stock and retained the price target to $7.15.

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