easyJet plc Rating Reiterated by Goldman Sachs (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “conviction-buy” rating reaffirmed by research analysts at Goldman Sachs in a report released on Wednesday. They currently have a GBX 2,105 ($35.82) price target on the stock. Goldman Sachs’ target price indicates a potential upside of 42.79% from the stock’s previous close.
Shares of easyJet plc (LON:EZJ) traded down 0.33% during mid-day trading on Wednesday, hitting GBX 1474.15. The stock had a trading volume of 1,151,234 shares. easyJet plc has a 52-week low of GBX 1169.00 and a 52-week high of GBX 1853.0001. The stock’s 50-day moving average is GBX 1559. and its 200-day moving average is GBX 1628.31. The company’s market cap is £5.793 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of easyJet plc in a research note on Friday, June 20th. Separately, analysts at AlphaValue upgraded shares of easyJet plc to a “reduce” rating in a research note on Monday, June 16th. They now have a GBX 1,376 ($23.42) price target on the stock. Finally, analysts at Credit Suisse reiterated an “outperform” rating on shares of easyJet plc in a research note on Friday, June 13th. They now have a GBX 2,021 ($34.39) price target on the stock. Four analysts have rated the stock with a sell rating, eight have issued a hold rating, fifteen have given a buy rating and one has given a strong buy rating to the company. easyJet plc has an average rating of “Hold” and an average price target of GBX 1,722.57 ($29.32).
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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