JetBlue Airways Corporation (JBLU) : Zacks Investment Research ranks JetBlue Airways Corporation (JBLU) as 4, which is a Sell recommendation. 5 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. 1 other analysts are mildly bullish on the stock and favor a Buy. A total of 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.78, which indicates as a Buy.
JetBlue Airways Corporation (JBLU) : Average target price received by JetBlue Airways Corporation (JBLU) is $25.5 with an expected standard deviation of $3.42. The most aggressive target on the stock is $31, whereas the most downbeat target is $21. 8 financial analysts are currently covering the stock.
JetBlue Airways Corporation (NASDAQ:JBLU): The stock opened at $16.22 on Wednesday but the bulls could not build on the opening and the stock topped out at $16.44 for the day. The stock traded down to $15.98 during the day, due to lack of any buying support eventually closed down at $16.40 with a loss of -0.36% for the day. The stock had closed at $16.46 on the previous day. The total traded volume was 5,827,025 shares.
Also, Equity Analysts at the Brokerage Firm, Cowen & Company, upgrades their rating on the shares of JetBlue Airways Corporation (NASDAQ:JBLU). Cowen & Company has a Outperform rating on the shares. Previously, the analysts had a Market Perform rating on the shares. As per the latest report, the brokerage house maintains the price target to $24 per share. The rating by the firm was issued on April 27, 2016. The company shares have dropped -20.37% from its 1 Year high price. On Sep 17, 2015, the shares registered one year high at $27.36 and the one year low was seen on Jun 27, 2016. The 50-Day Moving Average price is $17.25 and the 200 Day Moving Average price is recorded at $19.93.
JetBlue Airways Corporation is a passenger carrier company. The Company provides air transportation services across the United States, Caribbean and Latin America. The Company operates Airbus A321, Airbus A320 and EMBRAER 190 aircraft types. The Companys firm aircraft orders consists of approximately 33 Airbus A321 aircraft, 25 Airbus A320 new engine option (A320neo) aircraft, 45 Airbus A321 new engine option aircraft, 24 EMBRAER 190 aircraft and 10 spare engines. It operates fleet, which consists of approximately 13 Airbus A321 aircraft, 130 Airbus A320 aircraft and 60 EMBRAER 190 aircraft. The Company served approximately 87 BlueCities in 27 states, the District of Columbia, the Commonwealth of Puerto Rico, the United States Virgin Islands, and 17 countries in the Caribbean and Latin America.