Azul (NYSE:AZUL) Stock Rating Raised to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Azul (NYSE:AZUL) from a sell rating to a hold rating in a research report sent to investors on Saturday morning,Wall Street Zen reports.

Other analysts also recently issued research reports about the stock. BWS Financial reaffirmed a “buy” rating and issued a $20.00 price objective on shares of Azul in a research report on Monday, September 21st. Deutsche Bank Aktiengesellschaft began coverage on shares of Azul in a research note on Wednesday, September 9th. They set a “buy” rating and a $11.00 price objective on the stock. Zacks Research raised shares of Azul from a “strong sell” rating to a “hold” rating in a research report on Friday, October 16th. The Goldman Sachs Group began coverage on shares of Azul in a research report on Monday, October 19th. They set a “neutral” rating and a $8.10 target price on the stock. Finally, Weiss Ratings restated a “sell (d)” rating on shares of Azul in a research note on Tuesday, October 6th. Two equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $13.03.

Azul Trading Down 0.2%

Azul stock opened at $5.99 on Friday. The business’s 50 day moving average is $7.03. Azul has a one year low of $3.90 and a one year high of $495.00.

About Azul

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.