Stock In Focus: Delta Air Lines, Inc. (NYSE:DAL)

[MotleyFool] Delta Air Lines, Inc. (NYSE:DAL) has offered a few daily flights to Love Field, the closest airport to downtown Dallas. Beginning in July, 2009, Delta flew nonstop from Love Field to Memphis; in 2012, it began nonstop flights between Love Field and its main hub in Atlanta.Stock PerformanceTaking a look at the company’s recent performance, Delta Air Lines (DAL) reported second quarter earnings for fiscal 2014 on July 23^rd. The company reported actual earnings per share of $1.04 against the consensus Street estimate of $1.04. This represents year over year growth of 15%. Delta Air Lines posted revenue of $10.62 billion against estimates of $10.65 billion.Delta Air Lines (DAL) is currently valued at $28.02 billion and closed the last trading session at $33.32. The stock has a 50-day moving average of $38.39 and a 200-day moving average of $37.70.

Is this a Buying Opportunity?There are currently fourteen analysts that we track that cover the stock. Of those fourteen, one has a Strong Buy rating, twelve have a Buy rating and one has a hold rating. On a consensus basis this yields a score of 3.00 and a Buy. The combined price objective of these covering analysts is $101.63, which represents a -0.85% difference to the last closing price.The most recent analyst activity consisted of Wolfe Research downgrading their outperform stance on the company. On the date of the report, the stock closed at $36.52.Another research firm weighing in recently was Credit Suisse who initiated coverage on the stock. On August 9^thCredit Suisse initiated coverage with their price target on the stock at $56, or a 60% upside to the current price. On the day of the report, DAL shares closed at $36.24.Company ProfileDelta Air Lines, Inc. (NYSE:DAL) provides scheduled air transportation for passengers and cargo worldwide. Its route network comprises various gateway airports in Amsterdam, Atlanta, Cincinnati, Detroit, Memphis, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita. The company sells its tickets through various distribution channels, including telephone reservations, delta.com, traditional brick and mortar, and online travel agencies. It also provides aircraft maintenance, repair, and overhaul services for aviation and airline customers, as well as offers staffing services, professional security and training services, and aviation solutions for third parties; vacation packages; and aircraft charters, and aircraft management and programs.