easyJet Price Target Cut to GBX 1,560 by Analysts at Deutsche Bank (EZJ)
Stock analysts at Deutsche Bank lowered their target price on shares of easyJet (LON:EZJ) from GBX 1,610 ($26.05) to GBX 1,560 ($25.24) in a report issued on Friday, Analyst RN reports. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price target suggests a potential upside of 20.37% from the company’s current price.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays upgraded shares of easyJet to an “overweight” rating in a research note to investors on Wednesday. They now have a GBX 1,530 ($24.75) price target on the stock. Separately, analysts at RBC Capital reiterated a “sector performer” rating on shares of easyJet in a research note to investors on Wednesday, October 23rd. They now have a GBX 1,450 ($23.46) price target on the stock. Finally, analysts at Cantor Fitzgerald reiterated a “hold” rating on shares of easyJet in a research note to investors on Tuesday, October 22nd. They now have a GBX 1,400 ($22.65) price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eighteen have assigned a buy rating to the company’s stock. easyJet has an average rating of “Buy” and an average target price of GBX 1,337.61 ($21.64).
Shares of easyJet (LON:EZJ) traded down 1.89% during mid-day trading on Friday, hitting GBX 1296.00. The stock had a trading volume of 1,195,233 shares. easyJet has a 1-year low of GBX 635.00 and a 1-year high of GBX 1465.00. The stock’s 50-day moving average is GBX 1300. and its 200-day moving average is GBX 1275.. The company’s market cap is £5.093 billion.
easyJet plc (LON:EZJ) is an airline carrier operating in Europe.
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