Brokerage Firm Rating on JetBlue Airways Corporation (JBLU)

JetBlue Airways Corporation (JBLU) : Zacks Investment Research ranks JetBlue Airways Corporation (JBLU) as 5, which is a Strong Sell recommendation. 5 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 3 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 9 research analysts is 1.78, which indicates as a Buy.

JetBlue Airways Corporation (JBLU) : The highest level JetBlue Airways Corporation (JBLU) is projected to reach is $30 for the short term and the lowest estimate is at $18. The consolidated price target from 9 rating analysts who initiate coverage on the stock is $24.22 and the possibility the share price can swing is $3.67.


For the current week, the company shares have a recommendation consensus of Buy. JetBlue Airways Corporation (NASDAQ:JBLU): The stock opened at $17.12 on Thursday but the bulls could not build on the opening and the stock topped out at $17.26 for the day. The stock traded down to $16.95 during the day, due to lack of any buying support eventually closed down at $17.07 with a loss of -0.35% for the day. The stock had closed at $17.13 on the previous day. The total traded volume was 4,482,605 shares.

In a related news, Peterson Joel Clinton, director of Jetblue Airways Corp, unloaded 5,120 shares at an average price of $18.27 on August 1, 2016. The total amount of the transaction was worth $93,542, according to the disclosed information with the Securities and Exchange Commission in a Form 4 filing.

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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