easyJet Rating Reiterated by Cantor Fitzgerald Europe (EZJ)
easyJet (LON:EZJ)‘s stock had its “hold” rating reaffirmed by stock analysts at Cantor Fitzgerald Europe in a report issued on Wednesday, Stock Ratings Network.com reports. They currently have a GBX 1,400 ($22.98) price target on the stock. Cantor Fitzgerald Europe’s target price points to a potential downside of 18.13% from the stock’s previous close.
Shares of easyJet (LON:EZJ) traded up 1.11% during mid-day trading on Wednesday, hitting GBX 1729.0001. 685,931 shares of the company’s stock traded hands. easyJet has a 1-year low of GBX 852.4999 and a 1-year high of GBX 1707.00. The stock has a 50-day moving average of GBX 1543.31 and a 200-day moving average of GBX 1374.. The company’s market cap is £6.796 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Barclays raised their price target on shares of easyJet from GBX 1,530 ($25.11) to GBX 1,845 ($30.29) in a research note to investors on Wednesday. They now have an “overweight” rating on the stock. Separately, 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. Finally, 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. Three research analysts have rated the stock with a sell rating, eight have given a hold rating and sixteen have issued a buy rating to the company. easyJet presently has a consensus 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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.