JetBlue Airways Corporation (JBLU) : The consensus price target for JetBlue Airways Corporation (JBLU) is $24.5 for the short term with a standard deviation of $3.74. The most optimist securities analyst among the 8 who monitor the stock believes that the stock can reach $30, however, the pessimist price target for the company is $18.
JetBlue Airways Corporation (JBLU), A drop of 846,780 shares or 5.8% was seen in the short interest of JetBlue Airways Corporation. Even as the interest dropped from 14,665,205 shares on June 15,2016 to 13,818,425 shares on June 30,2016, the days to cover came in at 2. The updated interest stood at 4.3% of the stocks floats. The stock has seen an average daily volume of 6,920,259 shares. The information was released by Financial Industry Regulatory Authority, Inc (FINRA) on June 12th.
Also, Cowen & Company upgrades its view on JetBlue Airways Corporation (NASDAQ:JBLU) according to the research report released by the firm to its investors. The shares have now been rated Outperform by the stock experts at the ratings house. Earlier, the shares had a rating of Market Perform. Cowen & Company maintains the current price target of $24 per share on JetBlue Airways Corporation. The rating by the firm was issued on April 27, 2016.
JetBlue Airways Corporation (NASDAQ:JBLU): stock turned positive on Thursday. Though the stock opened at $18.4, the bulls momentum made the stock top out at $18.62 level for the day. The stock recorded a low of $18.315 and closed the trading day at $18.57, in the green by 1.98%. The total traded volume for the day was 6,861,235. The stock had closed at $18.21 in the previous days trading.
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.