Zacks Rating on JetBlue Airways Corporation (JBLU)

JetBlue Airways Corporation (JBLU) : Zacks Investment Research ranks JetBlue Airways Corporation (JBLU) as 3, which is a Hold recommendation. 4 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 2 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 7 research analysts is 1.71, which indicates as a Buy.

JetBlue Airways Corporation (JBLU) stock is expected to deviate a maximum of $3.72 from the average target price of $24.86 for the short term period. 7 Street Experts have initiated coverage on the stock with the most promising target being $30 and the most muted being $19.


JetBlue Airways Corporation has lost 5.06% in the last five trading days and dropped 7.64% in the last 4 weeks. JetBlue Airways Corporation has dropped 11.68% during the last 3-month period . Year-to-Date the stock performance stands at -29.54%. JetBlue Airways Corporation (NASDAQ:JBLU): On Tuesdays trading session , Opening price of the stock was $16.18 with an intraday high of $16.24. The bears continued to sell at higher levels and eventually sold the stock down to an intraday low of $15.94. However, the stock managed to close at $15.96, a loss of 0.56% for the day. On the previous day, the stock had closed at $16.05. The total traded volume of the day was 4,436,748 shares.

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.

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