easyJet plc’s Outperform Rating Reaffirmed at Credit Suisse (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “outperform” rating restated by equities research analysts at Credit Suisse in a research note issued to investors on Wednesday. They currently have a GBX 1,837 ($30.48) price target on the stock. Credit Suisse’s price target suggests a potential upside of 36.58% from the company’s current price.
easyJet plc (LON:EZJ) traded up 1.49% on Wednesday, hitting GBX 1365.00. The stock had a trading volume of 629,146 shares. easyJet plc has a 52 week low of GBX 1181.00 and a 52 week high of GBX 1853.0001. The stock has a 50-day moving average of GBX 1313. and a 200-day moving average of GBX 1531.. The company’s market cap is £5.364 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of easyJet plc in a research note on Tuesday. They now have a GBX 1,935 ($32.11) price target on the stock. Separately, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of easyJet plc in a research note on Monday. They now have a GBX 2,100 ($34.85) price target on the stock. Finally, analysts at Jefferies Group reiterated a “buy” rating on shares of easyJet plc in a research note on Thursday, August 28th. They now have a GBX 1,500 ($24.89) price target on the stock. Two analysts have rated the stock with a sell rating, seven have assigned a hold rating, fourteen have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus target price of GBX 1,712.25 ($28.41).
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.