Azul (NYSE:AZUL) Stock Has Average Target Price of $13.03

Shares of Azul (NYSE:AZUL) have been given an average rating of “Hold” by the five ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $13.03.

Several research firms have commented on AZUL. Wall Street Zen upgraded shares of Azul from a “sell” rating to a “hold” rating in a research report on Saturday, October 24th. Zacks Research upgraded shares of Azul from a “strong sell” rating to a “hold” rating in a research note on Friday, October 16th. The Goldman Sachs Group started coverage on Azul in a report on Monday, October 19th. They set a “neutral” rating and a $8.10 price target on the stock. Deutsche Bank began coverage on Azul in a research report on Wednesday, September 9th. They set a “buy” rating and a $11.00 price objective for the company. Finally, BWS Financial reissued a “buy” rating and issued a $20.00 price objective on shares of Azul in a report on Monday, September 21st.

Azul Stock Performance

AZUL stock opened at $5.00 on Thursday. The business has a 50-day moving average price of $6.20. Azul has a fifty-two week low of $3.35 and a fifty-two week high of $495.00.

Azul Company Profile

Azul S.A. is a Brazilian airline that provides passenger air transportation on domestic and international routes. Its network connects cities across Brazil, including regional destinations, with services to select locations abroad. Founded in 2008, Azul has developed a broad domestic network and offers travel-related services alongside its flights. Its businesses include Azul Cargo Express, which provides air cargo and logistics services, and Azul Viagens, which sells travel packages.