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

Shares of Azul (NYSE:AZULGet Free Report) gapped down before the market opened on Friday . The stock had previously closed at $7.40, but opened at $7.10. Azul shares last traded at $7.1760, with a volume of 109 shares traded.

Wall Street Analyst Weigh In

AZUL has been the subject of a number of research reports. BWS Financial restated a “buy” rating and set a $20.00 target price on shares of Azul in a research note on Monday, August 17th. Weiss Ratings started coverage on shares of Azul in a research report on Friday, July 10th. They set a “sell (d)” rating for the company. Finally, Zacks Research upgraded Azul to a “strong sell” rating in a report on Wednesday, July 22nd. One analyst has rated the stock with a Buy rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $20.00.

Check Out Our Latest Research Report on Azul

Azul Trading Down 1.2%

About Azul

(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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