Azul SA (AZUL) Now Covered by Citigroup Inc

Analysts at Citigroup Inc assumed coverage on shares of Azul SA (NASDAQ:AZUL) in a research report issued on Tuesday, May 9th. The firm set a “buy” rating and a $34.00 price target on the stock. Citigroup Inc’s price objective points to a potential upside of 65.45% from the stock’s previous close.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Azul SA in a research report on Monday, May 8th.

Shares of Azul SA (NASDAQ:AZUL) traded up 5.11% on Tuesday, hitting $21.60. The stock had a trading volume of 419,329 shares. The firm’s 50 day moving average is $23.42 and its 200-day moving average is $23.42. Azul SA has a one year low of $19.43 and a one year high of $25.99. The stock’s market capitalization is $12.78 billion.

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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.

5 Day Chart for NASDAQ:AZUL

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