easyJet Price Target Increased to GBX 1,800 by Analysts at Jefferies Group (EZJ)
Equities researchers at Jefferies Group upped their price target on shares of easyJet (LON:EZJ) from GBX 1,620 ($26.69) to GBX 1,800 ($29.66) in a research report issued on Friday, American Banking News.com reports. The firm currently has a “buy” rating on the stock. Jefferies Group’s price target would suggest a potential upside of 9.49% from the stock’s previous close.
Shares of easyJet (LON:EZJ) opened at 1644.00 on Friday. easyJet has a 1-year low of GBX 938.50 and a 1-year high of GBX 1743.00. The stock has a 50-day moving average of GBX 1589. and a 200-day moving average of GBX 1390.56. The company’s market cap is £6.462 billion.
A number of other firms have also recently commented on EZJ. Analysts at Liberum Capital reiterated a “hold” rating on shares of easyJet in a research note to investors on Monday, January 27th. They now have a GBX 1,600 ($26.36) price target on the stock. Separately, analysts at HSBC downgraded shares of easyJet to an “underweight” rating in a research note to investors on Friday, January 24th. They now have a GBX 1,600 ($26.36) price target on the stock, up previously from GBX 1,375 ($22.66). Finally, analysts at Panmure Gordon downgraded shares of easyJet to a “hold” rating in a research note to investors on Thursday, January 23rd. Four analysts have rated the stock with a sell rating, nine have issued a hold rating and fourteen have assigned a buy rating to the company. easyJet has a consensus rating of “Hold” and a consensus target price of GBX 1,519.68 ($25.04).
easyJet plc (LON:EZJ) is an airline carrier operating in Europe.
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