easyJet plc (LON:EZJ) had its target price decreased by equities researchers at Macquarie from GBX 1,275 ($16.64) to GBX 1,240 ($16.19) in a report released on Monday. The firm presently has an “outperform” rating on the stock. Macquarie’s price target would indicate a potential upside of 41.15% from the company’s current price.

Other analysts have also recently issued research reports about the company. Citigroup Inc. cut their price objective on easyJet plc from GBX 1,500 ($19.58) to GBX 1,200 ($15.66) and set a “buy” rating on the stock in a research note on Friday. Barclays PLC restated an “equal weight” rating and set a GBX 1,050 ($13.71) price objective on shares of easyJet plc in a research note on Friday. HSBC reiterated a “reduce” rating and set a GBX 800 ($10.44) price target on shares of easyJet plc in a research report on Friday. Deutsche Bank AG reiterated a “hold” rating on shares of easyJet plc in a research report on Friday. Finally, Beaufort Securities reiterated a “buy” rating on shares of easyJet plc in a research report on Friday. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,378.25 ($17.99).

Analyst Recommendations for easyJet plc (LON:EZJ)

easyJet plc (LON:EZJ) opened at 879.50 on Monday. The firm’s market capitalization is GBX 3.47 billion. The company’s 50-day moving average price is GBX 1,075.18 and its 200 day moving average price is GBX 1,266.44. easyJet plc has a one year low of GBX 862.56 and a one year high of GBX 1,809.00.

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In other news, insider Bierwirth,Andreas acquired 1,480 shares of the business’s stock in a transaction that occurred on Wednesday, July 27th. The stock was acquired at an average cost 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 the stock in a transaction on Friday, September 9th. The stock was 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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