easyJet plc (LON:EZJ) had its price objective upped by investment analysts at Liberum Capital from GBX 825 ($10.73) to GBX 1,000 ($13.01) in a research report issued on Wednesday. The brokerage presently has a “sell” rating on the stock. Liberum Capital’s price objective indicates a potential downside of 23.14% from the company’s current price.

Several other analysts have also recently commented on EZJ. Canaccord Genuity cut shares of easyJet plc to a “sell” rating and increased their price target for the company from GBX 1,010 ($13.14) to GBX 1,076 ($14.00) in a research note on Wednesday, May 17th. Citigroup Inc reissued a “buy” rating and set a GBX 1,400 ($18.21) price target (up from GBX 1,100 ($14.31)) on shares of easyJet plc in a research note on Thursday, May 18th. HSBC Holdings plc reissued a “buy” rating and set a GBX 1,450 ($18.86) price target on shares of easyJet plc in a research note on Tuesday. Kepler Capital Markets cut shares of easyJet plc to a “hold” rating and increased their price target for the company from GBX 1,106 ($14.39) to GBX 1,300 ($16.91) in a research note on Wednesday, May 17th. Finally, Barclays PLC reissued an “equal weight” rating and set a GBX 1,150 ($14.96) price target on shares of easyJet plc in a research note on Sunday. Six equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and six have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and a consensus price target of GBX 1,086.05 ($14.13).

Analyst Recommendations for easyJet plc (LON:EZJ)

Shares of easyJet plc (LON:EZJ) opened at 1328.7474 on Wednesday. The firm’s market capitalization is GBX 5.22 billion. The firm has a 50-day moving average price of GBX 1,167.60 and a 200-day moving average price of GBX 1,041.69. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,566.00.

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In related news, insider Andrew Findlay acquired 160 shares of the company’s stock in a transaction that occurred on Friday, March 31st. The shares were acquired at an average cost of GBX 1,014 ($13.19) per share, for a total transaction of £1,622.40 ($2,110.58). Over the last quarter, insiders acquired 373 shares of company stock worth $368,167.

easyJet plc Company Profile

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

12 Month Chart for LON:EZJ

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