easyJet plc (EZJ) Receives Average Recommendation of “Hold” from Analysts
easyJet plc (LON:EZJ) has been given an average recommendation of “Hold” by the twenty-three brokerages that are presently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 1,137.33 ($14.47).
Several analysts have issued reports on EZJ shares. Barclays PLC restated an “equal weight” rating and set a GBX 1,150 ($14.63) price objective on shares of easyJet plc in a report on Monday, May 15th. Canaccord Genuity downgraded easyJet plc to a “sell” rating and boosted their price objective for the stock from GBX 1,010 ($12.85) to GBX 1,076 ($13.69) in a report on Wednesday, May 17th. Royal Bank Of Canada upgraded easyJet plc to a “sector perform” rating and boosted their price objective for the stock from GBX 875 ($11.13) to GBX 1,325 ($16.85) in a report on Tuesday, May 23rd. Goldman Sachs Group, Inc. (The) downgraded easyJet plc to a “neutral” rating and boosted their price objective for the stock from GBX 970 ($12.34) to GBX 1,300 ($16.54) in a report on Friday, June 16th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 1,210 ($15.39) price objective on shares of easyJet plc in a report on Friday, June 16th.
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Shares of easyJet plc (EZJ) traded up 1.42% on Monday, hitting GBX 1356.00. 1,685,883 shares of the stock traded hands. The firm’s market cap is GBX 5.39 billion. The firm’s 50-day moving average is GBX 1,315.46 and its 200 day moving average is GBX 1,090.57. easyJet plc has a 12-month low of GBX 851.00 and a 12-month high of GBX 1,544.00.
In other news, insider Andrew Findlay purchased 115 shares of the stock in a transaction that occurred on Wednesday, May 31st. The stock was acquired at an average price of GBX 1,411 ($17.95) per share, with a total value of £1,622.65 ($2,063.92). In the last three months, insiders purchased 297 shares of company stock valued at $353,611.
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.
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