JBLU Stock Receives “Hold” As The Average Rating By Brokerages

JBLU
JBLU

The 18 analysts covering the JetBlue Airways(JBLU) stock have rated the stock as “Hold” on average. Three equities analysts have issued a rating of “sell” on the company’s stocks, ten analysts have issued a rating of “hold” on the company’s stocks, three analysts have issued a rating of “buy” on the company’s stocks and one has issued a rating of “strong-buy” on the company’s stocks. The price objective on average among analysts is $13.57 in the past year.

Many analysts have reported on the JBLU stock. BidaskClub upgraded its rating from “sell” to “hold” on September 5th, Saturday. Morgan Stanley increased the price target of the company’s shares from $16.00 – $17.00 and issued a rating of “overweight” on the company’s stocks on Monday. JPMorgan downgraded its rating from “overweight” to “underweight” and decreased the price objective of the company’s stocks from $16.00 – $14.00 on Wednesday. BNP Paribas issued a rating of “underperform” on the company’s stocks and set a target price of $12.00 on the company’s stocks. Lastly, Exane Paribas issued a rating of “underperform” on the company’s stocks and set a target price of $12.00 on November 13th, Friday.

More About The JBLU Stock

JBLU stock’s trading increased by $0.04 on Friday, reaching $14.32.The company has $4.50 billion in market capitalization, a -4.71 P/E ratio, and a 1.60 beta. The stock has 1.19 as the ratio between debt and equity, a 1.21 quick ratio, and a 1.23 current ratio. The stock has $6.61 as its 12-month low and $21.65 as its 12-month high. The company has $14.29 as its moving average for 50 days and $12.23 as its moving average for 200 days.

The company offers services for air transportation. As of 31st December 2019, the firm operated sixty-three Airbus A321 aircraft, six Airbus A321 aircraft,130 A320 aircraft, and sixty Embraer E190 aircraft. The firm also served ninety-nine destinations in a total of 30 states of the US.