easyJet plc’s “Hold” Rating Reaffirmed at Cantor Fitzgerald Europe (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “hold” rating reiterated by investment analysts at Cantor Fitzgerald Europe in a note issued to investors on Tuesday. They currently have a GBX 1,500 ($25.68) price objective on the stock. Cantor Fitzgerald Europe‘s price target points to a potential upside of 17.46% from the stock’s previous close.
Shares of easyJet plc (LON:EZJ) traded up 2.65% during mid-day trading on Tuesday, hitting GBX 1277.00. The stock had a trading volume of 2,173,432 shares. easyJet plc has a 1-year low of GBX 1169.00 and a 1-year high of GBX 1853.0001. The stock’s 50-day moving average is GBX 1447. and its 200-day moving average is GBX 1612.31. The company’s market cap is £5.019 billion.
EZJ has been the subject of a number of other recent research reports. Analysts at HSBC reiterated an “underweight” rating on shares of easyJet plc in a research note on Monday. They now have a GBX 1,250 ($21.40) price target on the stock. Separately, analysts at Jefferies Group cut their price target on shares of easyJet plc from GBX 1,800 ($30.82) to GBX 1,500 ($25.68) in a research note on Friday. They now have a “buy” rating on the stock. Finally, analysts at Oddo & Cie reiterated a “neutral” rating on shares of easyJet plc in a research note on Tuesday, July 8th. They now have a GBX 1,870 ($32.02) price target on the stock. Four research analysts have rated the stock with a sell rating, nine have issued a hold rating, fourteen have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,715.83 ($29.38).
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.
To view Cantor Fitzgerald Europe’s full report, visit Cantor Fitzgerald Europe’s official website.
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