Regional Air Lines: JetBlue Airways Corporation (NASDAQ:JBLU), Southwest Airlines (NYSE:LUV), Gol Linhas Aereas Inteligentes SA (NYSE:GOL)

Posted by on Mar 17, 2014

JetBlue Airways Corporation (NASDAQ:JBLU) and American Airlines Group Inc. (NASDAQ:AAL) have ended their partnership that allowed commuters to add connections from each other’s carriers. Based on the termination of the agreement, American airlines passengers will not add miles or points when travelling on eligible routes operated by JetBlue Airways and vice versa will also apply, as of April 1. JetBlue Airways Corporation (NASDAQ:JBLU) shares after opening at $8.80 moved to $8.83 on last trade day and at the end of the day closed at $8.68. Company price to sales ratio in past twelve months was calculated as 0.46 and price to cash ratio as 4.01. JetBlue Airways Corporation (NASDAQ:JBLU) showed a negative weekly performance of -3.89%.

Southwest Airlines (NYSE:LUV)‘s stock had its “buy” rating restated by investment analysts at Bank of America in a note issued to investors on Friday, American Banking News reports. They currently have a $28.00 price objective on the stock, up from their previous price objective of $26.00. Bank of America’s price target indicates a potential upside of 18.64% from the company’s current price. Southwest Airlines Co (NYSE:LUV) shares advanced 1.36% in last trading session and ended the day on $23.92. LUV return on equity ratio is recorded as 10.80% and its return on assets is 3.90%. Southwest Airlines Co (NYSE:LUV) yearly performance is 92.44%.

Zacks has restated a “neutral” rating on Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) shares in the research note issued to the investors and currently, the firm has a price target of $5.25 on the stock. The analyst at Zacks wrote that they are restating heir “neutral” recommendation on Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL). The analyst said that it has a good command over the air travel sector in Brazilian and has support from the network-expansion across the world. They have also restructured their fleet, offer competitive pricing and also have enhanced their customer service. Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) weekly performance is -7.24%. On last trading day company shares ended up $4.10. Gol Linhas Aereas Inteligentes SA (ADR) (NYSE:GOL) distance from 50-day simple moving average is -9.01%. Analysts mean target price for the company is $5.97.

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