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JetBlue Airways (JBLU) Gets a Hold Rating from Bank of America Securities

Bank of America Securities analyst Andrew Didora maintained a Hold rating on JetBlue Airways (JBLUResearch Report) today and set a price target of $10.00. The company’s shares closed last Wednesday at $8.59, close to its 52-week low of $7.87.

According to TipRanks.com, Didora has currently 0 stars on a ranking scale of 0-5 stars, with an average return of -6.8% and a 49.5% success rate. Didora covers the Industrial Goods sector, focusing on stocks such as Allegiant Travel Company, Frontier Group Holdings, and Southwest Airlines.

Currently, the analyst consensus on JetBlue Airways is a Hold with an average price target of $8.75, a 7.6% upside from current levels. In a report released yesterday, Evercore ISI also maintained a Hold rating on the stock with a $8.00 price target.

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The company has a one-year high of $16.65 and a one-year low of $7.87. Currently, JetBlue Airways has an average volume of 10.79M.

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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.

Read More on JBLU:

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