easyJet plc (EZJ) Rating Reiterated by Beaufort Securities
easyJet plc (LON:EZJ)‘s stock had its “buy” rating reiterated by stock analysts at Beaufort Securities in a research report issued on Friday.
EZJ has been the subject of a number of other reports. Liberum Capital reaffirmed a “buy” rating and issued a GBX 1,930 ($25.19) price target on shares of easyJet plc in a report on Thursday, August 25th. Barclays PLC lowered their price target on easyJet plc from GBX 1,150 ($15.01) to GBX 1,050 ($13.71) and set an “equal weight” rating for the company in a report on Wednesday, September 14th. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a GBX 1,130 ($14.75) price target on shares of easyJet plc in a report on Friday, September 9th. HSBC reiterated a “reduce” rating on shares of easyJet plc in a research note on Tuesday, September 20th. Finally, Macquarie reiterated an “outperform” rating and issued a GBX 1,275 ($16.64) price objective on shares of easyJet plc in a research note on Friday, September 30th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 1,425.75 ($18.61).
easyJet plc (LON:EZJ) traded down 4.02% during midday trading on Friday, reaching GBX 896.00. 13,169,817 shares of the company were exchanged. The company has a 50 day moving average of GBX 1,074.46 and a 200-day moving average of GBX 1,267.59. easyJet plc has a 52-week low of GBX 884.28 and a 52-week high of GBX 1,809.00. The company’s market capitalization is GBX 3.53 billion.
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In related news, insider Brocklesby,Chris sold 2,294 shares of the 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). Also, insider Bierwirth,Andreas bought 1,480 shares of easyJet plc stock in a transaction that occurred on Wednesday, July 27th. The shares were acquired at an average price of GBX 1,004 ($13.11) per share, for a total transaction of £14,859.20 ($19,395.90).
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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