Barclays Increases easyJet Price Target to GBX 1,845 (EZJ)
Analysts at Barclays upped their target price on shares of easyJet (LON:EZJ) from GBX 1,530 ($25.11) to GBX 1,845 ($30.29) in a research report issued to clients and investors on Wednesday, American Banking News.com reports. The firm currently has an “overweight” rating on the stock. Barclays’ price target would suggest a potential upside of 7.89% from the stock’s previous close.
easyJet (LON:EZJ) opened at 1717.00 on Wednesday. easyJet has a 52-week low of GBX 852.4999 and a 52-week high of GBX 1707.00. The stock’s 50-day moving average is GBX 0. and its 200-day moving average is GBX 0.. The company’s market cap is £6.749 billion.
Several other analysts have also recently commented on the stock. Analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of easyJet in a research note to investors on Tuesday. They now have a GBX 1,400 ($22.98) price target on the stock. Three equities research analysts have rated the stock with a sell rating, eight have issued a hold rating and sixteen have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus price target of GBX 1,482.73 ($24.34).
easyJet plc (LON:EZJ) is an airline carrier operating in Europe.
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