Azul (NYSE:AZUL) Stock Now Rated “Hold” by Sell-Side Brokerages

Azul (NYSE:AZUL) has been given an average rating of “Hold” by the five analysts that are covering the stock, Marketbeat reports. One analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is $13.03.

AZUL has been the topic of several research analyst reports. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Azul in a research note on Wednesday, September 9th. They set a “buy” rating and a $11.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Azul in a research report on Tuesday, October 6th. Zacks Research upgraded Azul from a “strong sell” rating to a “hold” rating in a research note on Friday, October 16th. The Goldman Sachs Group assumed coverage on Azul in a report on Monday. They set a “neutral” rating and a $8.10 target price for the company. Finally, Wall Street Zen downgraded Azul from a “hold” rating to a “sell” rating in a research report on Tuesday, September 8th.

Azul Price Performance

Shares of NYSE:AZUL opened at $5.98 on Friday. Azul has a 12-month low of $3.90 and a 12-month high of $495.00. The stock’s fifty day moving average is $7.08.

Azul Company Profile

Azul SA, through its principal subsidiary Azul Linhas Aéreas Brasileiras SA, is a Brazilian airline that provides scheduled passenger air transportation and air cargo services. The company serves business and leisure travelers, offering flights across Brazil and to selected international destinations.

Azul operates a broad domestic network connecting major Brazilian cities with regional communities. Its international service includes destinations in South America, the United States and Europe, with routes and schedules subject to change.