easyJet plc (EZJ) Stock Rating Reaffirmed by UBS AG
easyJet plc (LON:EZJ)‘s stock had its “buy” rating restated by research analysts at UBS AG in a research note issued on Monday, www.boersen-zeitung.de reports.
Several other research firms also recently weighed in on EZJ. J P Morgan Chase & Co reaffirmed an “underweight” rating and issued a GBX 875 ($11.54) target price on shares of easyJet plc in a research report on Wednesday, May 17th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 1,000 ($13.19) target price on shares of easyJet plc in a research report on Monday, July 17th. Canaccord Genuity downgraded easyJet plc to a “sell” rating and lifted their target price for the company from GBX 1,010 ($13.32) to GBX 1,076 ($14.19) in a research report on Wednesday, May 17th. Investec reaffirmed a “hold” rating and issued a GBX 1,400 ($18.47) target price on shares of easyJet plc in a research report on Friday, July 21st. Finally, Beaufort Securities reaffirmed a “buy” rating on shares of easyJet plc in a research report on Friday, July 21st. Six equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus price target of GBX 1,253.08 ($16.53).
easyJet plc (LON:EZJ) opened at 1276.00 on Monday. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,440.00. The firm’s 50-day moving average is GBX 1,346.31 and its 200 day moving average is GBX 1,160.18. The company’s market capitalization is GBX 5.01 billion.
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In other news, insider Andrew Findlay acquired 115 shares of easyJet plc stock in a transaction on Wednesday, May 31st. The stock was bought at an average price of GBX 1,411 ($18.61) per share, for a total transaction of £1,622.65 ($2,140.42). In the last quarter, insiders acquired 394 shares of company stock valued at $529,848.
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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