JetBlue Airways Corporation (JBLU) Receives Price Target

JetBlue Airways Corporation (JBLU) : Average target price received by JetBlue Airways Corporation (JBLU) is $24.86 with an expected standard deviation of $3.72. The most aggressive target on the stock is $30, whereas the most downbeat target is $19. 7 financial analysts are currently covering the stock.

JetBlue Airways Corporation (JBLU) has an average broker rating of 1.71, which is interpreted as a Buy, as rated by 7 equity analysts. Nonetheless, 4 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 2 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 3, which is also a Hold.


Also, Major Brokerage house, JP Morgan maintains its ratings on JetBlue Airways Corporation (NASDAQ:JBLU). In the latest research report, JP Morgan lowers the target price from $24.5 per share to $21 per share. According to the latest information available, the shares are now rated Neutral by the analysts at the agency. The rating by the firm was issued on July 27, 2016.

JetBlue Airways Corporation (NASDAQ:JBLU): The stock opened at $15.99 on Thursday but the bulls could not build on the opening and the stock topped out at $16.09 for the day. The stock traded down to $15.70 during the day, due to lack of any buying support eventually closed down at $15.81 with a loss of -0.88% for the day. The stock had closed at $15.95 on the previous day. The total traded volume was 3,854,569 shares.

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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