Azul’s (AZUL) “Buy” Rating Reaffirmed at BWS Financial

Azul (NYSE:AZUL)‘s stock had its “buy” rating restated by equities research analysts at BWS Financial in a research report issued to clients and investors on Monday,Benzinga reports. They presently have a $20.00 target price on the stock. BWS Financial’s price target points to a potential upside of 149.69% from the company’s previous close.

Several other analysts also recently weighed in on the company. Weiss Ratings began coverage on Azul in a research note on Friday, July 10th. They set a “sell (d)” rating for the company. Zacks Research raised shares of Azul to a “strong sell” rating in a research report on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $20.00.

Azul Stock Down 2.3%

Shares of NYSE:AZUL traded down $0.19 during midday trading on Monday, hitting $8.01. The company’s stock had a trading volume of 2,666 shares, compared to its average volume of 154,393. Azul has a fifty-two week low of $3.90 and a fifty-two week high of $495.00.

Azul Company Profile

Azul SA is a Brazilian airline that provides passenger and cargo air transportation services. The company operates a broad domestic network within Brazil and also serves select international destinations in South America, North America, and Europe. Its business includes scheduled flights, charter services, and cargo operations, supported by a fleet designed to connect major urban centers as well as smaller regional markets.

Founded in 2008, Azul grew rapidly by focusing on underserved routes in Brazil and offering a wide range of travel options for leisure and business customers.