Numis Securities Ltd Reiterates “Buy” Rating for easyJet (EZJ)
easyJet (LON:EZJ)‘s stock had its “buy” rating reaffirmed by stock analysts at Numis Securities Ltd in a report issued on Friday, American Banking News.com reports. They currently have a GBX 1,600 ($25.89) target price on the stock. Numis Securities Ltd’s price objective indicates a potential upside of 23.46% from the stock’s previous close.
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank cut their price target on shares of easyJet from GBX 1,610 ($26.05) to GBX 1,560 ($25.24) in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, 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. Finally, 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. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and eighteen have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of GBX 1,337.61 ($21.64).
easyJet (LON:EZJ) traded down 1.89% on Friday, hitting GBX 1296.00. 1,195,233 shares of the company’s stock traded hands. easyJet has a 1-year low of GBX 635.00 and a 1-year high of GBX 1465.00. The stock has a 50-day moving average of GBX 1300. and a 200-day moving average of 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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