easyJet plc (EZJ) Stock Rating Reaffirmed by Beaufort Securities
easyJet plc (LON:EZJ)‘s stock had its “buy” rating reissued by equities research analysts at Beaufort Securities in a research note issued to investors on Thursday.
A number of other research analysts also recently issued reports on EZJ. HSBC Holdings plc raised their price target on easyJet plc from GBX 1,250 ($16.14) to GBX 1,450 ($18.73) and gave the stock a “buy” rating in a research note on Wednesday, May 10th. Barclays PLC restated an “equal weight” rating and set a GBX 1,150 ($14.85) price target on shares of easyJet plc in a research note on Monday, May 15th. Liberum Capital restated a “sell” rating and set a GBX 825 ($10.65) price target on shares of easyJet plc in a research note on Tuesday, May 16th. Canaccord Genuity restated a “hold” rating and set a GBX 1,010 ($13.04) price target on shares of easyJet plc in a research note on Tuesday, May 16th. Finally, J P Morgan Chase & Co restated an “underweight” rating and set a GBX 875 ($11.30) price target on shares of easyJet plc in a research note on Wednesday, May 17th. Seven equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the company. easyJet plc presently has an average rating of “Hold” and a consensus target price of GBX 1,249.13 ($16.13).
easyJet plc (EZJ) traded down 0.26% during midday trading on Thursday, hitting GBX 1156.00. The company had a trading volume of 1,400,902 shares. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,444.00. The firm has a 50-day moving average price of GBX 1,249.30 and a 200-day moving average price of GBX 1,205.94. The company’s market cap is GBX 4.54 billion.
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In other news, insider Andrew Findlay bought 135 shares of easyJet plc stock in a transaction that occurred on Thursday, August 31st. The shares were purchased at an average price of GBX 1,195 ($15.43) per share, for a total transaction of £1,613.25 ($2,083.49). Insiders have acquired 415 shares of company stock valued at $529,669 in the last three months.
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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