Stocks: Azul SA (AZUL) Earns Outperform Rating from Analysts at Raymond James Financial, Inc.

Stocks: Azul SA (AZUL) Earns Outperform Rating from Analysts at Raymond James Financial, Inc.

Raymond James Financial, Inc. began coverage on shares of Azul SA (NASDAQ:AZUL) in a research report report published on Tuesday morning. The firm issued an outperform rating and a $30.00 target price on the stock.

AZUL has been the subject of a number of other reports. JPMorgan Chase & Co. restated an overweight rating on shares of Azul SA in a research note on Monday. Citigroup Inc assumed coverage on Azul SA in a research note on Tuesday. They issued a buy rating and a $34.00 price target for the company.

Shares of Azul SA (NASDAQ:AZUL) opened at 24.09 on Tuesday. The company has a 50-day moving average price of $23.23 and a 200 day moving average price of $23.23. The firm’s market capitalization is $14.26 billion. Azul SA has a 12-month low of $21.25 and a 12-month high of $25.82.

Azul SA Company Profile

Azul SA is a Brazil-based company engaged in the provision of passenger transportation services. The Company primarily acts as an airline operator under the Azul brand name. The Company provides scheduled flights between numerous cities in Brazil, including Sao Paulo, Brasilia, Rio de Janeiro, Belo Horizonte, Porto Alegre, Curitiba, Manaus, Cuiaba, Fortaleza and Salvador, among others.

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