BWS Financial Reiterates Buy Rating for Azul (NYSE:AZUL)

Azul (NYSE:AZUL)‘s stock had its “buy” rating restated by BWS Financial in a research note issued to investors 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 149.69% from the company’s previous close.

AZUL has been the topic of a number of other research reports. Weiss Ratings assumed coverage on Azul in a report on Friday, July 10th. They issued a “sell (d)” rating on the stock. Zacks Research raised shares of Azul to a “strong sell” rating in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $20.00.

Azul Stock Down 2.3%

Shares of AZUL traded down $0.19 during midday trading on Monday, reaching $8.01. 2,666 shares of the stock were exchanged, compared to its average volume of 154,393. Azul has a 12-month low of $3.90 and a 12-month high of $495.00.

About Azul

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.