Azul SA (NASDAQ:AZUL) had its price objective upped by equities research analysts at Buckingham Research from $28.00 to $33.00 in a research note issued on Monday. The firm presently has a “buy” rating on the stock. Buckingham Research’s price objective would indicate a potential upside of 24.29% from the company’s previous close.

Several other research analysts have also recently issued reports on the company. Zacks Investment Research upgraded Azul SA from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research note on Monday, July 10th. J P Morgan Chase & Co assumed coverage on Azul SA in a research note on Monday, May 15th. They issued an “overweight” rating for the company. Raymond James Financial, Inc. assumed coverage on Azul SA in a research note on Tuesday, May 9th. They issued an “outperform” rating and a $30.00 price objective for the company. Finally, Citigroup Inc. assumed coverage on Azul SA in a research note on Tuesday, May 9th. They issued a “buy” rating and a $34.00 price objective for the company. Five analysts have rated the stock with a buy rating, The stock has a consensus rating of “Buy” and a consensus target price of $30.75.

Azul SA (AZUL) traded up 0.08% during midday trading on Monday, hitting $26.55. 138,545 shares of the stock traded hands. The company has a 50-day moving average of $23.08 and a 200-day moving average of $22.90. The stock’s market cap is $2.36 billion. Azul SA has a 12 month low of $19.43 and a 12 month high of $26.91.

COPYRIGHT VIOLATION WARNING: “Buckingham Research Boosts Azul SA (NASDAQ:AZUL) Price Target to $33.00” was originally posted by American Banking News and is the property of of American Banking News. If you are viewing this report on another domain, it was stolen and republished in violation of US & international copyright and trademark laws. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/08/07/buckingham-research-boosts-azul-sa-nasdaqazul-price-target-to-33-00.html.

Hedge funds and other institutional investors have recently made changes to their positions in the company. Victory Capital Management Inc. purchased a new position in shares of Azul SA during the second quarter valued at about $53,395,000. GAM Holding AG purchased a new position in shares of Azul SA during the second quarter valued at about $632,000. Frontier Capital Management Co. LLC purchased a new position in shares of Azul SA during the second quarter valued at about $128,000. Sei Investments Co. purchased a new position in shares of Azul SA during the second quarter valued at about $101,000. Finally, Quantitative Systematic Strategies LLC purchased a new position in shares of Azul SA during the second quarter valued at about $341,000.

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.

Receive News & Ratings for Azul SA Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Azul SA and related companies with MarketBeat.com's FREE daily email newsletter.