easyJet plc’s “Buy” Rating Reaffirmed at Jefferies Group (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “buy” rating restated by analysts at Jefferies Group in a research report issued to clients and investors on Thursday. They currently have a GBX 1,500 ($24.82) price objective on the stock. Jefferies Group’s price objective would indicate a potential upside of 9.49% from the company’s current price.
Shares of easyJet plc (LON:EZJ) traded down 1.24% during mid-day trading on Thursday, hitting GBX 1353.00. The stock had a trading volume of 1,457,941 shares. easyJet plc has a one year low of GBX 1169.00 and a one year high of GBX 1853.0001. The stock has a 50-day moving average of GBX 1308. and a 200-day moving average of GBX 1541.. The company’s market cap is £5.317 billion.
EZJ has been the subject of a number of other recent research reports. Analysts at Investec reiterated a “buy” rating on shares of easyJet plc in a research note on Wednesday. Separately, analysts at Credit Suisse reiterated an “outperform” rating on shares of easyJet plc in a research note on Thursday, August 21st. Finally, analysts at Cantor Fitzgerald Europe reiterated a “hold” rating on shares of easyJet plc in a research note on Wednesday, August 20th. They now have a GBX 1,500 ($24.82) price target on the stock. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company currently has a consensus rating of “Buy” and an average target price of GBX 1,691.40 ($27.99).
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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