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

Azul (NYSE:AZUL)‘s stock had its “buy” rating reissued by equities researchers at BWS Financial in a research note issued on Monday, Benzinga reports. They presently have a $20.00 price target on the stock. BWS Financial’s target price points to a potential upside of 223.15% from the company’s current price.

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

Azul Trading Down 3.3%

AZUL traded down $0.21 during 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 firm’s 50 day simple moving average is $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.