Investec Downgrades EasyJet PLC to Hold (ESYJY)
EasyJet PLC (NASDAQ:ESYJY) was downgraded by analysts at Investec from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Thursday, AnalystRatings.Net reports.
EasyJet PLC (NASDAQ:ESYJY) opened at 115.56 on Thursday. EasyJet PLC has a one year low of $55.35 and a one year high of $115.56. The stock’s 50-day moving average is $102.6 and its 200-day moving average is $88.19. The company has a market cap of $11.356 billion and a P/E ratio of 17.98.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd downgraded shares of EasyJet PLC to a “buy” rating in a research note to investors on Thursday, January 16th. Separately, analysts at Davy Research downgraded shares of EasyJet PLC from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, January 15th. Finally, analysts at Citigroup Inc. downgraded shares of EasyJet PLC from a “buy” rating to a “neutral” rating in a research note to investors on Wednesday, January 15th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and nine have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy”.
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