easyJet plc (LON:EZJ) received a GBX 1,350 ($17.63) target price from analysts at J P Morgan Chase & Co in a research report issued to clients and investors on Friday. The brokerage presently has a “sell” rating on the stock. J P Morgan Chase & Co’s price objective points to a potential upside of 1.20% from the stock’s previous close.

Several other equities research analysts have also recently weighed in on the stock. Barclays PLC reiterated an “equal weight” rating and issued a GBX 1,150 ($15.02) target price on shares of easyJet plc in a research note on Monday, May 15th. Canaccord Genuity cut shares of easyJet plc to a “sell” rating and increased their target price for the company from GBX 1,010 ($13.19) to GBX 1,076 ($14.05) in a research note on Wednesday, May 17th. Royal Bank Of Canada upgraded shares of easyJet plc to a “sector perform” rating and increased their target price for the company from GBX 875 ($11.43) to GBX 1,325 ($17.30) in a research note on Tuesday, May 23rd. UBS AG reissued a “buy” rating and issued a price target on shares of easyJet plc in a research report on Friday, June 23rd. Finally, BNP Paribas reissued a “neutral” rating and issued a GBX 1,250 ($16.32) price target on shares of easyJet plc in a research report on Tuesday. Six equities research analysts have rated the stock with a sell rating, ten have given a hold rating and nine have issued a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 1,229.30 ($16.05).

Shares of easyJet plc (LON:EZJ) traded down 3.97% during mid-day trading on Friday, hitting GBX 1281.00. The stock had a trading volume of 3,036,427 shares. The company’s market cap is GBX 5.03 billion. The firm’s 50 day moving average price is GBX 1,365.62 and its 200-day moving average price is GBX 1,144.51. 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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In other news, insider Andrew Findlay acquired 119 shares of the stock in a transaction dated Friday, June 30th. The shares were bought at an average cost of GBX 1,363 ($17.80) per share, for a total transaction of £1,621.97 ($2,118.01). Insiders acquired a total of 266 shares of company stock worth $367,928 over the last quarter.

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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