easyJet plc (LON:EZJ) has been assigned an average rating of “Hold” from the twenty-six analysts that are currently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating on the company. The average twelve-month price objective among brokerages that have updated their coverage on the stock in the last year is GBX 1,248.92 ($16.31).

Several analysts have recently issued reports on the stock. Barclays PLC restated an “equal weight” rating and set a GBX 1,150 ($15.02) target price on shares of easyJet plc in a research report on Monday. Royal Bank Of Canada upgraded shares of easyJet plc to a “sector perform” rating and upped their target price for the company from GBX 875 ($11.43) to GBX 1,325 ($17.30) in a research report on Tuesday, May 23rd. HSBC Holdings plc restated a “buy” rating and set a GBX 1,550 ($20.24) target price on shares of easyJet plc in a research report on Thursday, June 15th. Credit Suisse Group set a GBX 1,583 ($20.67) target price on shares of easyJet plc and gave the company a “buy” rating in a research report on Friday, July 7th. Finally, Canaccord Genuity restated a “sell” rating and set a GBX 1,076 ($14.05) target price on shares of easyJet plc in a research report on Thursday.

In other easyJet plc news, insider Andrew Findlay acquired 119 shares of the company’s stock in a transaction dated Friday, June 30th. The shares were purchased at an average cost of GBX 1,363 ($17.80) per share, for a total transaction of £1,621.97 ($2,118.01). Over the last quarter, insiders have bought 266 shares of company stock worth $367,928.

Shares of easyJet plc (EZJ) traded down 1.65% during midday trading on Friday, reaching GBX 1312.00. The company had a trading volume of 4,721,326 shares. The company has a 50 day moving average of GBX 1,364.17 and a 200 day moving average of GBX 1,145.69. The company’s market capitalization is GBX 5.16 billion. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,444.00.

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About easyJet plc

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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