Raymond James analyst Savanthi Syth reiterated a Buy rating on JetBlue Airways (NASDAQ:JBLU) on Tuesday, setting a price target of $20, which is approximately 30.29% above the present share price of $15.35.
Syth expects JetBlue Airways to post earnings per share (EPS) of -$0.78 for the third quarter of 2021.
The current consensus among 9 TipRanks analysts is for a Moderate Buy rating of shares in JetBlue Airways, with an average price target of $21.3.
The analysts price targets range from a high of $30 to a low of $13.
In its latest earnings report, released on 03/31/2021, the company reported a quarterly revenue of $733 million and a net profit of -$295 million. The company's market cap is $4.86 billion.
According to TipRanks.com, Raymond James analyst Savanthi Syth is currently ranked with 4 stars on a 0-5 stars ranking scale, with an average return of 9.4% and a 53.08% success rate.
JetBlue Airways Corp. provides air transportation services. It carries more than 30 million customers a year to 86 cities in the U.S., Caribbean, and Latin America with an average of 850 daily flights. The company offers flights and tickets to more than 82 destinations, with accommodations such as free TV, free snacks, and most legroom. JetBlue Airways was founded by David Gary Neeleman in August, 1998 and is headquartered in Long Island City, NY.