Azul (NYSE:AZUL) Stock Rating Upgraded by Wall Street Zen

Azul (NYSE:AZUL) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday, Wall Street Zen reports.

AZUL has been the subject of several other research reports. Weiss Ratings reiterated a “sell (d)” rating on shares of Azul in a research report on Tuesday, October 6th. The Goldman Sachs Group started coverage on shares of Azul in a research note on Monday, October 19th. They set a “neutral” rating and a $8.10 price target for the company. BWS Financial reissued a “buy” rating and set 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 report on Wednesday, September 9th. They set a “buy” rating and a $11.00 price objective on the stock. Finally, Zacks Research upgraded shares of Azul from a “strong sell” rating to a “hold” rating in a research note on Friday, October 16th. Two research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Azul has an average rating of “Hold” and an average price target of $13.03.

Azul Price Performance

AZUL stock opened at $5.99 on Friday. Azul has a twelve month low of $3.90 and a twelve month high of $495.00. The company has a 50 day moving average price of $7.03.

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.