easyJet plc (LON:EZJ)‘s stock had its “sell” rating reaffirmed by analysts at Canaccord Genuity in a research note issued to investors on Thursday. They presently have a GBX 1,076 ($14.05) target price on the stock. Canaccord Genuity’s price objective indicates a potential downside of 19.34% from the stock’s previous close.

Several other research firms have also commented on EZJ. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 875 ($11.43) price target on shares of easyJet plc in a research report on Wednesday, May 17th. Liberum Capital reaffirmed a “sell” rating and set a GBX 1,000 ($13.06) price target on shares of easyJet plc in a research report on Monday. Goldman Sachs Group, Inc. (The) downgraded easyJet plc to a “neutral” rating and lifted their target price for the company from GBX 970 ($12.67) to GBX 1,300 ($16.98) in a research note on Friday, June 16th. HSBC Holdings plc lifted their target price on easyJet plc from GBX 1,250 ($16.32) to GBX 1,450 ($18.93) and gave the company a “buy” rating in a research note on Wednesday, May 10th. Finally, Bank of America Corporation lifted their target price on easyJet plc from GBX 1,030 ($13.45) to GBX 1,050 ($13.71) and gave the company a “neutral” rating in a research note on Monday, March 27th. Six investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,213.65 ($15.85).

Shares of easyJet plc (LON:EZJ) traded down 5.92% during midday trading on Thursday, hitting GBX 1334.00. The stock had a trading volume of 5,916,031 shares. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,444.00. The stock’s market cap is GBX 5.24 billion. The firm has a 50 day moving average price of GBX 1,366.93 and a 200 day moving average price of GBX 1,144.51.

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In related news, insider Andrew Findlay purchased 119 shares of the business’s stock in a transaction dated Friday, June 30th. The stock was bought at an average cost of GBX 1,363 ($17.80) per share, with a total value of £1,621.97 ($2,118.01). Over the last three months, insiders bought 266 shares of company stock valued at $367,928.

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.

Analyst Recommendations for easyJet plc (LON:EZJ)

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