easyJet plc’s (EZJ) “Reduce” Rating Reaffirmed at HSBC
easyJet plc (LON:EZJ)‘s stock had its “reduce” rating reissued by investment analysts at HSBC in a report issued on Tuesday.
Several other analysts also recently weighed in on the company. Deutsche Bank AG dropped their price objective on easyJet plc from GBX 1,830 ($23.89) to GBX 1,520 ($19.84) and set a “buy” rating for the company in a research report on Thursday, July 7th. Goldman Sachs Group Inc. restated a “buy” rating and set a GBX 1,740 ($22.71) price objective on shares of easyJet plc in a research report on Monday, June 27th. Citigroup Inc. dropped their price objective on easyJet plc from GBX 1,800 ($23.50) to GBX 1,600 ($20.89) and set a “buy” rating for the company in a research report on Monday, June 27th. Beaufort Securities restated a “buy” rating on shares of easyJet plc in a research report on Tuesday, June 7th. Finally, Liberum Capital restated a “buy” rating and set a GBX 1,930 ($25.19) price objective on shares of easyJet plc in a research report on Thursday, August 25th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,601.74 ($20.91).
easyJet plc (LON:EZJ) opened at 1015.00 on Tuesday. The firm’s 50-day moving average price is GBX 1,092.33 and its 200-day moving average price is GBX 1,290.61. easyJet plc has a one year low of GBX 973.00 and a one year high of GBX 1,820.00. The company’s market cap is GBX 4.00 billion.
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In other easyJet plc news, insider Bierwirth,Andreas purchased 1,480 shares of the firm’s stock in a transaction that occurred on Wednesday, July 27th. The stock was bought at an average cost of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90). Also, insider Brocklesby,Chris sold 2,294 shares of the stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($15.57), for a total value of £27,367.42 ($35,723.04).
easyJet plc Company Profile
easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.
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