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

Azul (NYSE:AZUL)‘s stock had its “buy” rating reissued by research analysts at BWS Financial in a report issued on Monday, Benzinga reports. They currently have a $20.00 price objective on the stock. BWS Financial’s price objective suggests a potential upside of 223.15% from the company’s previous close.

Other research analysts also recently issued reports about the stock. Zacks Research raised shares of Azul to a “strong sell” rating in a research note on Wednesday, July 22nd. Weiss Ratings started coverage on shares of Azul in a research note on Friday, July 10th. They issued a “sell (d)” rating for the company. Deutsche Bank Aktiengesellschaft initiated coverage on Azul in a research report on Wednesday, September 9th. They set a “buy” rating and a $11.00 price target on the stock. Finally, Wall Street Zen downgraded shares of Azul from a “hold” rating to a “sell” rating in a research note on Tuesday, September 8th. Two analysts have rated the stock with a Buy rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $15.50.

Azul Price Performance

NYSE:AZUL traded down $0.21 during mid-day trading on Monday, reaching $6.19. The stock had a trading volume of 4,870 shares, compared to its average volume of 145,335. The company has a 50 day moving average price of $7.91. Azul has a one year low of $3.90 and a one year high of $495.00.

About Azul

Azul SA is a Brazilian airline that provides scheduled passenger air transportation and related services. Founded in 2008 by entrepreneur David Neeleman, the company was established to expand air connectivity in Brazil, including service to cities that have historically had limited access to commercial aviation.

Azul operates domestic flights throughout Brazil and serves selected international destinations in North and South America and Europe. Its operations include passenger travel, air cargo through Azul Cargo Express, and vacation and travel packages offered through Azul Viagens.