JetBlue Airways Corp (NASDAQ: JBLU) stock closed at $4.38 on 11/14/23 after a major increase of 10.3%. The stock has risen 1.9% during the last week but has been extremely weak relative to the market over the last nine months.
Current PriceTarget Research Rating
JBLU’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
JetBlue Airways has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing very contradictory signals. JetBlue Airways has a very high Appreciation Score of 93 but a very low Power Rating of 4, and the Neutral Value Trend Rating results.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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