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

BWS Financial reiterated their buy rating on shares of Azul (NYSE:AZUL) in a research note released on Monday morning,Benzinga reports. The firm currently has a $20.00 price objective on the stock.

Several other brokerages have also recently weighed in on AZUL. Weiss Ratings assumed coverage on Azul in a report on Friday, July 10th. They set a “sell (d)” rating for the company. Zacks Research raised Azul to a “strong sell” rating in a research note on Wednesday, July 22nd. One investment analyst has rated the stock with a Buy rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Azul currently has a consensus rating of “Reduce” and a consensus target price of $20.00.

Azul Stock Down 1.4%

Shares of NYSE:AZUL opened at $7.60 on Monday. Azul has a 12-month low of $3.90 and a 12-month high of $495.00.

Azul Company Profile

Azul SA is a Brazilian airline that provides passenger and cargo air transportation services. The company operates a broad domestic network within Brazil and also serves select international destinations in South America, North America, and Europe. Its business includes scheduled flights, charter services, and cargo operations, supported by a fleet designed to connect major urban centers as well as smaller regional markets.

Founded in 2008, Azul grew rapidly by focusing on underserved routes in Brazil and offering a wide range of travel options for leisure and business customers.