JetBlue Airways Corporation (NASDAQ:JBLU) : Average target price received by JetBlue Airways Corporation (NASDAQ: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.
Shares of JetBlue Airways Corporation appreciated by 1.66% during the last five trading days but lost 7.64% on a 4-week basis. JetBlue Airways Corporation has dropped 22.36% during the last 3-month period . Year-to-Date the stock performance stands at -26.89%. Also, Equity analysts at the Brokerage firm Cowen & Company upgrades its rating on JetBlue Airways Corporation (NASDAQ:JBLU). The rating major has initiated the coverage with outperform rating on the shares. Earlier, the shares were rated a Market Perform by the brokerage firm. The Analysts at Cowen & Company maintains a current price target of $24 per share. The rating by the firm was issued on April 27, 2016.
JetBlue Airways Corporation (NASDAQ:JBLU) has an average broker rating of 1.7, which is interpreted as a Buy, as rated by 10 equity analysts. Nonetheless, 6 analysts are positive on the stocks future and they recommend a Strong Buy on the stock. 1 other analysts advise a Buy. Nevertheless, the majority of 3 analysts consider that the stock is a Hold with neither a large upside nor a downside. Ranking by Zacks Investment Research for Coach Inc is 5, which is also a Strong Sell.
JetBlue Airways Corporation (NASDAQ:JBLU): During Thursdays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $16.47 and $16.40 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $16.60. The buying momentum continued till the end and the stock did not give up its gains. It closed at $16.56, notching a gain of 0.91% for the day. The total traded volume was 5,846,969 . The stock had closed at $16.41 on the previous day.
In an insider trading activity, The Securities and Exchange Commission has divulged that Hnat James G, officer (EVP & General Counsel) of Jetblue Airways Corp, had unloaded 1,000 shares at an average price of $16.87 in a transaction dated on June 15, 2016. The total value of the transaction was worth $16,870.
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.