easyJet plc (EZJ) PT Lowered to GBX 1,109 at Credit Suisse Group AG
easyJet plc (LON:EZJ) had its price objective reduced by analysts at Credit Suisse Group AG from GBX 1,130 ($14.75) to GBX 1,109 ($14.48) in a research report issued to clients and investors on Thursday. The firm presently has a “neutral” rating on the stock. Credit Suisse Group AG’s price target would suggest a potential upside of 7.57% from the company’s previous close.
Several other equities research analysts have also weighed in on the stock. HSBC reiterated a “reduce” rating on shares of easyJet plc in a report on Tuesday. Barclays PLC cut their target price on shares of easyJet plc from GBX 1,150 ($15.01) to GBX 1,050 ($13.71) and set an “equal weight” rating on the stock in a report on Wednesday, September 14th. Deutsche Bank AG lowered shares of easyJet plc to a “hold” rating and cut their target price for the stock from GBX 1,310 ($17.10) to GBX 1,215 ($15.86) in a report on Thursday, September 8th. Beaufort Securities reiterated a “buy” rating on shares of easyJet plc in a report on Wednesday, September 7th. Finally, Goodbody reiterated a “hold” rating on shares of easyJet plc in a report on Tuesday, September 6th. Three investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have assigned a buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of GBX 1,601.74 ($20.91).
easyJet plc (LON:EZJ) opened at 1040.00 on Thursday. The firm’s market cap is GBX 4.10 billion. The firm’s 50-day moving average is GBX 1,091.19 and its 200-day moving average is GBX 1,308.20. easyJet plc has a 52-week low of GBX 973.00 and a 52-week high of GBX 1,820.00.
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In other easyJet plc news, insider Bierwirth,Andreas acquired 1,480 shares of the company’s stock in a transaction on Wednesday, July 27th. The stock was acquired at an average price of GBX 1,004 ($13.11) per share, for a total transaction of £14,859.20 ($19,395.90). Also, insider Brocklesby,Chris sold 2,294 shares of easyJet plc stock in a transaction dated Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($15.57), for a total transaction of £27,367.42 ($35,723.04).
About easyJet plc
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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