easyJet’s “Hold” Rating Reaffirmed at Cantor Fitzgerald Europe (EZJ)
easyJet (LON:EZJ)‘s stock had its “hold” rating reiterated by analysts at Cantor Fitzgerald Europe in a research report issued to clients and investors on Tuesday, AR Network reports. They currently have a GBX 1,400 ($22.98) price objective on the stock. Cantor Fitzgerald Europe’s target price would indicate a potential downside of 16.32% from the stock’s previous close.
Shares of easyJet (LON:EZJ) traded up 2.21% on Tuesday, hitting GBX 1710.00. 1,309,972 shares of the company’s stock traded hands. easyJet has a 1-year low of GBX 851.00 and a 1-year high of GBX 1707.00. The stock’s 50-day moving average is GBX 1538.68 and its 200-day moving average is GBX 1372.. The company’s market cap is £6.721 billion.
A number of other firms have also recently commented on EZJ. Analysts at Nomura raised their price target on shares of easyJet from GBX 1,375 ($22.57) to GBX 1,634 ($26.82) in a research note to investors on Tuesday. They now have a “buy” rating on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,560 ($25.61) price target on the stock. Finally, analysts at Numis Securities Ltd downgraded shares of easyJet to an “add” rating in a research note to investors on Thursday, January 16th. They now have a GBX 1,900 ($31.19) price target on the stock. Three investment analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 1,468.41 ($24.10).
easyJet plc (LON:EZJ) is an airline carrier operating in Europe.
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