easyJet plc (EZJ) Price Target Lowered to GBX 825 at Liberum Capital
easyJet plc (LON:EZJ) had its price objective cut by equities researchers at Liberum Capital from GBX 930 ($12.14) to GBX 825 ($10.77) in a research note issued on Monday. The firm presently has a “sell” rating on the stock. Liberum Capital’s price target suggests a potential downside of 6.09% from the stock’s previous close.
EZJ has been the topic of a number of other reports. Investec cut easyJet plc to a “hold” rating and lowered their target price for the stock from GBX 2,050 ($26.76) to GBX 1,100 ($14.36) in a research note on Friday, July 22nd. Beaufort Securities reiterated a “hold” rating on shares of easyJet plc in a research note on Friday, July 22nd. Deutsche Bank AG reiterated a “hold” rating on shares of easyJet plc in a research note on Friday. Goodbody reiterated a “hold” rating on shares of easyJet plc in a research note on Thursday. Finally, Barclays PLC lowered their target price on 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 research note on Wednesday, September 14th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and eleven have issued a buy rating to the company. easyJet plc currently has an average rating of “Hold” and an average price target of GBX 1,378.25 ($17.99).
easyJet plc (LON:EZJ) opened at 879.00 on Monday. The company’s market capitalization is GBX 3.46 billion. The firm has a 50 day moving average of GBX 1,075.18 and a 200-day moving average of GBX 1,266.44. easyJet plc has a 52 week low of GBX 862.56 and a 52 week high of GBX 1,809.00.
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In related news, insider Bierwirth,Andreas acquired 1,480 shares of the stock in a transaction on Wednesday, July 27th. The stock was purchased 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 the business’s 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).
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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