easyJet plc (LON:EZJ) had its price objective upped by research analysts at HSBC Holdings plc from GBX 1,550 ($20.24) to GBX 1,600 ($20.89) in a report issued on Friday, MarketBeat.com reports. The firm presently has a “buy” rating on the stock. HSBC Holdings plc’s price target indicates a potential upside of 21.95% from the stock’s current price.

A number of other brokerages have also issued reports on EZJ. Deutsche Bank AG reissued a “hold” rating and issued a GBX 1,290 ($16.85) target price on shares of easyJet plc in a research report on Tuesday. BNP Paribas reissued a “neutral” rating and issued a GBX 1,250 ($16.32) target price on shares of easyJet plc in a research report on Tuesday. Canaccord Genuity reissued a “sell” rating and issued a GBX 1,076 ($14.05) target price on shares of easyJet plc in a research report on Thursday. Royal Bank Of Canada set a GBX 1,450 ($18.93) target price on easyJet plc and gave the company a “neutral” rating in a research report on Thursday. Finally, Credit Suisse Group AG reissued an “outperform” rating and issued a GBX 1,583 ($20.67) target price on shares of easyJet plc in a research report on Thursday. Six research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have given a buy rating to the stock. easyJet plc presently has an average 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% during midday trading on Friday, hitting GBX 1312.00. The company had a trading volume of 4,721,326 shares. The firm’s 50-day moving average is GBX 1,364.17 and its 200-day moving average is GBX 1,145.69. The firm’s market capitalization is GBX 5.16 billion. 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 other news, insider Andrew Findlay purchased 119 shares of the company’s stock in a transaction that occurred on Friday, June 30th. The stock was acquired 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 have purchased 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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