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LATAM Airlines Enters Underwriting Agreement for 18 Million ADSs

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LATAM Airlines Enters Underwriting Agreement for 18 Million ADSs

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The latest announcement is out from LATAM Airlines Group SA Sponsored ADR ( (LTM) ).

On August 13, 2025, LATAM Airlines Group S.A. entered into an underwriting agreement with J.P. Morgan Securities LLC and several shareholders for the sale of 18,000,000 American Depositary Shares (ADSs), each representing 2,000 common shares of the company. This agreement is part of a strategic move to strengthen the company’s financial position and enhance its market presence. The transaction is expected to have significant implications for stakeholders, as it may influence the company’s stock liquidity and investor confidence.

The most recent analyst rating on (LTM) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on LATAM Airlines Group SA Sponsored ADR stock, see the LTM Stock Forecast page.

Spark’s Take on LTM Stock

According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.

LATAM Airlines displays robust financial and technical performance, with strong revenue growth and positive market momentum. The stock is fairly valued, though high leverage presents a risk. Continued focus on debt reduction and industry volatility management is crucial for future stability.

To see Spark’s full report on LTM stock, click here.

More about LATAM Airlines Group SA Sponsored ADR

LATAM Airlines Group S.A. is a prominent player in the airline industry, primarily providing air transportation services across Latin America. The company is headquartered in Santiago, Chile, and operates a vast network of passenger and cargo flights, positioning itself as a leading carrier in the region.

Average Trading Volume: 725,002

Technical Sentiment Signal: Strong Buy

Current Market Cap: $13.28B

Find detailed analytics on LTM stock on TipRanks’ Stock Analysis page.

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