Credit Suisse Reiterates Neutral Rating for easyJet (EZJ)
easyJet (LON:EZJ)‘s stock had its “neutral” rating restated by stock analysts at Credit Suisse in a report issued on Friday, American Banking News.com reports. They currently have a GBX 1,518 ($24.90) price objective on the stock. Credit Suisse’s target price would indicate a potential downside of 7.78% from the stock’s previous close.
EZJ has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “buy” rating on shares of easyJet in a research note to investors on Wednesday. Separately, analysts at Goodbody Stockbrokers Ltd reiterated a “buy” rating on shares of easyJet in a research note to investors on Friday, December 13th. Finally, analysts at Barclays reiterated an “overweight” rating on shares of easyJet in a research note to investors on Tuesday, December 10th. They now have a GBX 1,530 ($25.09) price target on the stock. Two research analysts have rated the stock with a sell rating, seven have given a hold rating and eighteen have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average target price of GBX 1,414.71 ($23.20).
easyJet (LON:EZJ) traded up 0.01% on Friday, hitting GBX 1646.1001. 1,028,942 shares of the company’s stock traded hands. easyJet has a one year low of GBX 819.00 and a one year high of GBX 1651.92. The stock’s 50-day moving average is GBX 1489.06 and its 200-day moving average is GBX 1352.81. The company’s market cap is £6.470 billion.
easyJet plc (LON:EZJ) is an airline carrier operating in Europe.
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