easyJet plc (EZJ) Earns “Sell” Rating from Liberum Capital
easyJet plc (LON:EZJ)‘s stock had its “sell” rating restated by research analysts at Liberum Capital in a note issued to investors on Wednesday. They currently have a GBX 1,100 ($14.28) target price on the stock. Liberum Capital’s price target would suggest a potential downside of 14.66% from the company’s previous close.
Other analysts also recently issued reports about the stock. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 1,310 ($17.01) target price on shares of easyJet plc in a research report on Thursday, August 10th. Barclays PLC set a GBX 1,185 ($15.38) target price on shares of easyJet plc and gave the stock a “neutral” rating in a research report on Wednesday, August 9th. UBS AG reaffirmed a “buy” rating on shares of easyJet plc in a research report on Monday, August 7th. Beaufort Securities reaffirmed a “buy” rating on shares of easyJet plc in a research report on Friday, August 4th. Finally, S&P Global set a GBX 1,450 ($18.82) target price on shares of easyJet plc and gave the stock a “neutral” rating in a research report on Friday, July 21st. Six equities research 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. easyJet plc has a consensus rating of “Hold” and a consensus price target of GBX 1,255.38 ($16.30).
easyJet plc (LON EZJ) traded down 0.08% during midday trading on Wednesday, reaching GBX 1289.00. 1,219,587 shares of the company’s stock were exchanged. easyJet plc has a 12-month low of GBX 851.00 and a 12-month high of GBX 1,444.00. The company’s market cap is GBX 5.07 billion. The firm has a 50-day moving average price of GBX 1,321.97 and a 200 day moving average price of GBX 1,185.41.
TRADEMARK VIOLATION WARNING: “easyJet plc (EZJ) Earns “Sell” Rating from Liberum Capital” was originally published by American Banking News and is the property of of American Banking News. If you are viewing this news story on another site, it was illegally stolen and republished in violation of United States & international trademark and copyright laws. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/08/21/easyjet-plc-ezj-earns-sell-rating-from-liberum-capital.html.
In related news, insider Andrew Findlay purchased 119 shares of the company’s stock in a transaction dated Friday, June 30th. The shares were purchased at an average price of GBX 1,363 ($17.69) per share, with a total value of £1,621.97 ($2,105.63). In the last ninety days, insiders have bought 395 shares of company stock worth $530,609.
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.
Receive News & Ratings for easyJet plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet plc and related companies with MarketBeat.com's FREE daily email newsletter.