Azul (NYSE:AZUL) Shares Gap Down – What’s Next?

Shares of Azul (NYSE:AZULGet Free Report) gapped down before the market opened on Monday . The stock had previously closed at $8.47, but opened at $8.14. Azul shares last traded at $8.0750, with a volume of 143 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on AZUL shares. Zacks Research upgraded shares of Azul to a “strong sell” rating in a research report on Wednesday, July 22nd. Weiss Ratings assumed coverage on Azul in a report on Friday, July 10th. They issued a “sell (d)” rating for the company. Finally, BWS Financial reissued a “buy” rating and issued a $20.00 price target on shares of Azul in a report on Friday, July 10th. One research analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus price target of $20.00.

Read Our Latest Analysis on AZUL

Azul Stock Performance

Azul Company Profile

(Get Free Report)

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.

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