easyJet plc Receives Outperform Rating from Credit Suisse (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “outperform” rating restated by investment analysts at Credit Suisse in a note issued to investors on Friday. They currently have a GBX 2,021 ($34.42) price target on the stock. Credit Suisse’s target price points to a potential upside of 49.93% from the company’s current price.
A number of other analysts have also recently weighed in on EZJ. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of easyJet plc in a research note on Friday. They now have a GBX 2,100 ($35.77) price target on the stock. Separately, analysts at Barclays cut their price target on shares of easyJet plc from GBX 1,900 ($32.36) to GBX 1,700 ($28.96) in a research note on Wednesday. They now have an “overweight” rating on the stock. Four investment analysts have rated the stock with a sell rating, eight have assigned a hold rating, fourteen have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,733.82 ($29.53).
Shares of easyJet plc (LON:EZJ) opened at 1378.00 on Friday. 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 1509.68 and its 200-day moving average is GBX 1624.18. The company’s market cap is £5.416 billion.
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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