Azul (AZUL) – What Are Brokerages Saying About This Stock?

Azul (NYSE:AZUL) has received an average recommendation of “Hold” from the five ratings firms that are covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell rating, two have issued a hold rating and two have given a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $13.03.

A number of analysts have commented on the stock. Weiss Ratings downgraded shares of Azul from a “sell (d)” rating to a “sell (d-)” rating in a research report on Tuesday, October 27th. The Goldman Sachs Group initiated coverage on shares of Azul in a report on Monday, October 19th. They issued a “neutral” rating and a $8.10 price objective for the company. Wall Street Zen upgraded shares of Azul from a “sell” rating to a “hold” rating in a research note on Saturday, October 24th. Deutsche Bank started coverage on Azul in a report on Wednesday, September 9th. They set a “buy” rating and a $11.00 target price on the stock. Finally, Zacks Research raised Azul from a “strong sell” rating to a “hold” rating in a report on Friday, October 16th.

Azul Price Performance

Shares of AZUL opened at $5.00 on Thursday. The firm has a 50-day moving average of $6.20. Azul has a 52-week low of $3.35 and a 52-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.