easyJet plc’s Neutral Rating Reaffirmed at RBC Capital (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “neutral” rating reaffirmed by equities research analysts at RBC Capital in a research note issued to investors on Wednesday, American Banking News reports. They currently have a GBX 1,800 ($30.32) price objective on the stock. RBC Capital’s price objective suggests a potential upside of 8.30% from the company’s current price.
easyJet plc (LON:EZJ) traded up 0.25% on Wednesday, hitting GBX 1662.08. 2,143,488 shares of the company’s stock traded hands. easyJet plc has a 52-week low of GBX 1134.00 and a 52-week high of GBX 1853.0001. The stock has a 50-day moving average of GBX 1700.43 and a 200-day moving average of GBX 1585.. The company’s market cap is £6.533 billion.
EZJ has been the subject of a number of other recent research reports. Analysts at Credit Suisse reiterated an “outperform” rating on shares of easyJet plc in a research note on Tuesday. They now have a GBX 2,021 ($34.04) price target on the stock. Separately, analysts at Davy Research reiterated an “underperform” rating on shares of easyJet plc in a research note on Tuesday. Finally, analysts at Investec reiterated a “buy” rating on shares of easyJet plc in a research note on Tuesday. They now have a GBX 1,800 ($30.32) price target on the stock. Four equities research analysts have rated the stock with a sell rating, eight have issued a hold rating, seventeen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 1,613.75 ($27.18).
easyJet plc and its subsidiaries is a airline carrier operating principally in Europe. The Company operates approximately 600 routes across more than 30 countries with its fleet of over 200 Airbus aircraft.
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