easyJet plc (EZJ) Given Average Rating of “Hold” by Brokerages
easyJet plc (LON:EZJ) has been assigned a consensus recommendation of “Hold” from the twenty-six research firms that are covering the company, Marketbeat reports. Seven research analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month price target among analysts that have updated their coverage on the stock in the last year is GBX 1,249.13 ($16.13).
EZJ has been the subject of a number of research reports. J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 875 ($11.30) price target on shares of easyJet plc in a research report on Wednesday, May 17th. Liberum Capital reaffirmed a “sell” rating and set a GBX 1,000 ($12.91) price target on shares of easyJet plc in a research report on Monday, July 17th. Canaccord Genuity cut easyJet plc to a “sell” rating and lifted their price target for the stock from GBX 1,010 ($13.04) to GBX 1,076 ($13.90) in a research report on Wednesday, May 17th. Investec reaffirmed a “hold” rating and set a GBX 1,400 ($18.08) price target on shares of easyJet plc in a research report on Friday, July 21st. Finally, UBS AG set a GBX 1,465 ($18.92) price target on easyJet plc and gave the stock a “buy” rating in a research report on Tuesday.
In related news, insider Andrew Findlay purchased 128 shares of the company’s stock in a transaction dated Monday, July 31st. The stock was acquired at an average cost of GBX 1,265 ($16.34) per share, for a total transaction of £1,619.20 ($2,091.18). Insiders bought 415 shares of company stock valued at $529,669 over the last 90 days.
easyJet plc (LON:EZJ) traded down 0.26% on Friday, reaching GBX 1156.00. The company’s stock had a trading volume of 1,400,902 shares. easyJet plc has a 1-year low of GBX 851.00 and a 1-year high of GBX 1,444.00. The firm’s 50 day moving average price is GBX 1,249.30 and its 200-day moving average price is GBX 1,205.94. The company’s market capitalization is GBX 4.54 billion.
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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