Raymond James analyst Savanthi Syth reiterated a Buy rating on Azul SA (NYSE:AZUL) on Friday, setting a price target of $23, which is approximately 18.43% above the present share price of $19.42.
Syth expects Azul SA to post earnings per share (EPS) of -$10.76 for the fourth quarter of 2020.
The current consensus among 6 TipRanks analysts is for a Moderate Buy rating of shares in Azul SA, with an average price target of $20.75.
The analysts price targets range from a high of $23 to a low of $18.
In its latest earnings report, released on 09/30/2020, the company reported a quarterly revenue of $805.3 million and a net profit of -$247.6 million. The company's market cap is $2.21 billion.
According to TipRanks.com, Raymond James analyst Savanthi Syth is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 9.5% and a 57.61% success rate.
Azul SA is a holding company, which engages in the provision of airline passenger and cargo services. The firm's service features include passenger seat selection, leather seats, individual entertainment screens with free live television at every seat in all E-Jets, extensive legroom with a pitch of 30 inches or more, complimentary beverage and snack services and free bus service to key airports. The company was founded by David Neeleman on January 03, 2008 and is headquartered in Barueri, Brazil.