easyJet plc (LON:EZJ)‘s stock had its “hold” rating reissued by research analysts at Investec in a research note issued on Friday. They currently have a GBX 1,400 ($18.28) target price on the stock. Investec’s target price would indicate a potential upside of 6.71% from the company’s current price.

EZJ has been the subject of several other research reports. Barclays PLC restated an “equal weight” rating and set a GBX 1,150 ($15.02) price target on shares of easyJet plc in a research report on Monday, July 17th. Royal Bank Of Canada upgraded shares of easyJet plc to a “sector perform” rating and upped their price target for the stock 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) price target on shares of easyJet plc in a research report on Thursday, June 15th. Credit Suisse Group AG set a GBX 1,583 ($20.67) price target on shares of easyJet plc and gave the stock 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) price target on shares of easyJet plc in a research report on Thursday. Six equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average target price of GBX 1,248.92 ($16.31).

easyJet plc (LON EZJ) traded down 1.65% during mid-day trading on Friday, hitting GBX 1312.00. 4,721,326 shares of the stock traded hands. The firm’s market cap is GBX 5.16 billion. The stock has a 50-day moving average of GBX 1,364.17 and a 200 day moving average of GBX 1,145.69. easyJet plc has a 1-year low of GBX 851.00 and a 1-year high of GBX 1,444.00.

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In other news, insider Andrew Findlay acquired 119 shares of easyJet plc stock in a transaction on 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). Insiders have acquired 266 shares of company stock valued at $367,928 over the last ninety days.

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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