easyJet plc (EZJ) Stock Rating Reaffirmed by Barclays PLC
easyJet plc (LON:EZJ)‘s stock had its “equal weight” rating restated by investment analysts at Barclays PLC in a research report issued on Friday. They presently have a GBX 1,050 ($13.71) price target on the stock. Barclays PLC’s price objective indicates a potential upside of 17.19% from the company’s current price.
Several other research firms have also recently commented on EZJ. Citigroup Inc. dropped their target price on shares of 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. JPMorgan Chase & Co. cut shares of easyJet plc to a “neutral” rating and dropped their target price for the stock from GBX 1,900 ($24.80) to GBX 1,150 ($15.01) in a research report on Wednesday, July 20th. Goodbody reaffirmed a “hold” rating on shares of easyJet plc in a research report on Tuesday, September 6th. Kepler Capital Markets dropped their target price on shares of easyJet plc from GBX 965 ($12.60) to GBX 866 ($11.30) and set a “reduce” rating for the company in a research report on Friday. Finally, Credit Suisse Group AG decreased their price target on shares of easyJet plc from GBX 1,109 ($14.48) to GBX 966 ($12.61) and set a “neutral” rating for the company in a research note on Thursday. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have assigned a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of GBX 1,425.75 ($18.61).
easyJet plc (LON:EZJ) traded down 4.02% on Friday, reaching GBX 896.00. 13,169,817 shares of the company’s stock were exchanged. The company’s market cap is GBX 3.53 billion. easyJet plc has a 52-week low of GBX 884.28 and a 52-week high of GBX 1,809.00. The firm’s 50 day moving average price is GBX 1,074.46 and its 200 day moving average price is GBX 1,267.59.
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In other news, insider Brocklesby,Chris sold 2,294 shares of easyJet plc 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 transaction of £27,367.42 ($35,723.04). Also, insider Bierwirth,Andreas acquired 1,480 shares of easyJet plc stock in a transaction dated Wednesday, July 27th. The shares were bought at an average price of GBX 1,004 ($13.11) per share, for a total transaction of £14,859.20 ($19,395.90).
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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