easyJet plc Stock Rating Reaffirmed by Numis Securities Ltd (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “buy” rating reiterated by equities researchers at Numis Securities Ltd in a research report issued on Friday. They currently have a GBX 2,100 ($35.77) price objective on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 55.79% from the stock’s previous close.
easyJet plc (LON:EZJ) opened at 1378.99 on Friday. easyJet plc has a 52-week low of GBX 1169.00 and a 52-week high of GBX 1853.0001. The stock has a 50-day moving average of GBX 1509.68 and a 200-day moving average of GBX 1624.18. The company’s market cap is £5.419 billion.
A number of other analysts have also recently weighed in on EZJ. 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. Separately, analysts at Goldman Sachs reiterated a “conviction-buy” rating on shares of easyJet plc in a research note on Wednesday, June 25th. They now have a GBX 2,105 ($35.85) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of easyJet plc in a research note on Friday, June 20th. Four 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’s stock. The stock has an average rating of “Hold” and an average target price of GBX 1,733.82 ($29.53).
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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