easyJet plc (LON:EZJ) has been given an average recommendation of “Hold” by the twenty-six brokerages that are covering the firm, MarketBeat Ratings reports. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have issued a buy rating on the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 1,246.26 ($16.18).

A number of equities research analysts have recently commented on EZJ shares. J P Morgan Chase & Co reiterated an “underweight” rating and set a GBX 875 ($11.36) price target on shares of easyJet plc in a report on Wednesday, May 17th. Liberum Capital reiterated a “sell” rating and set a GBX 1,000 ($12.98) price target on shares of easyJet plc in a report on Monday, July 17th. Canaccord Genuity downgraded shares of easyJet plc to a “sell” rating and lifted their price target for the stock from GBX 1,010 ($13.11) to GBX 1,076 ($13.97) in a report on Wednesday, May 17th. Investec reiterated a “hold” rating and set a GBX 1,400 ($18.17) price target on shares of easyJet plc in a report on Friday, July 21st. Finally, Beaufort Securities reiterated a “buy” rating on shares of easyJet plc in a report on Friday, July 21st.

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easyJet plc (EZJ) traded up 4.51% during trading on Tuesday, reaching GBX 1322.00. 2,792,312 shares of the company’s stock traded hands. easyJet plc has a 1-year low of GBX 851.00 and a 1-year high of GBX 1,444.00. The firm has a 50 day moving average of GBX 1,328.61 and a 200 day moving average of GBX 1,175.65. The firm’s market capitalization is GBX 5.20 billion.

In other news, insider Andrew Findlay acquired 128 shares of the company’s stock in a transaction dated Monday, July 31st. The shares were bought at an average price of GBX 1,265 ($16.42) per share, for a total transaction of £1,619.20 ($2,102.04). Insiders have bought 395 shares of company stock worth $530,609 in the last quarter.

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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