Beaufort Securities Reaffirms Buy Rating for easyJet plc (EZJ)
easyJet plc (LON:EZJ)‘s stock had its “buy” rating reaffirmed by Beaufort Securities in a note issued to investors on Friday.
Several other brokerages have also commented on EZJ. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 1,290 ($16.85) price objective on shares of easyJet plc in a research report on Tuesday. BNP Paribas reiterated a “neutral” rating and issued a GBX 1,250 ($16.32) target price on shares of easyJet plc in a research note on Tuesday. Canaccord Genuity reiterated a “sell” rating and issued a GBX 1,076 ($14.05) target price on shares of easyJet plc in a research note on Thursday. Royal Bank Of Canada set a GBX 1,450 ($18.93) target price on shares of easyJet plc and gave the stock a “neutral” rating in a research note on Thursday. Finally, Credit Suisse Group AG reiterated an “outperform” rating and issued a GBX 1,583 ($20.67) target price on shares of easyJet plc in a research note on Thursday. Six investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have given a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,248.92 ($16.31).
Shares of easyJet plc (LON EZJ) traded down 1.65% on Friday, hitting GBX 1312.00. 4,721,326 shares of the company’s stock were exchanged. The firm’s market cap is GBX 5.16 billion. The stock’s 50 day moving average is GBX 1,364.17 and its 200 day moving average is GBX 1,145.69. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,444.00.
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In related news, insider Andrew Findlay purchased 119 shares of the business’s stock in a transaction on Friday, June 30th. The stock was acquired at an average price of GBX 1,363 ($17.80) per share, with a total value of £1,621.97 ($2,118.01). In the last three months, insiders acquired 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.
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