HSBC Holdings plc Analysts Give easyJet plc (EZJ) a GBX 1,550 Price Target
easyJet plc (LON:EZJ) has been given a GBX 1,550 ($20.02) price objective by analysts at HSBC Holdings plc in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the stock. HSBC Holdings plc’s price target suggests a potential upside of 27.78% from the stock’s current price.
Several other research analysts have also recently weighed in on EZJ. UBS AG restated a “buy” rating and issued a price objective on shares of easyJet plc in a research report on Friday, June 23rd. Liberum Capital restated a “sell” rating and issued a GBX 1,100 ($14.21) price objective on shares of easyJet plc in a research report on Wednesday. Barclays PLC set a GBX 1,185 ($15.30) price objective on shares of easyJet plc and gave the stock a “neutral” rating in a research report on Wednesday, August 9th. Credit Suisse Group reiterated an “outperform” rating and set a GBX 1,583 ($20.44) price target on shares of easyJet plc in a research report on Thursday. Finally, Deutsche Bank AG reiterated a “hold” rating and set a GBX 1,310 ($16.92) price target on shares of easyJet plc in a research report on Thursday, August 10th. Seven research analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have issued a buy rating to the company’s stock. easyJet plc currently has a consensus rating of “Hold” and an average target price of GBX 1,247.04 ($16.11).
Shares of easyJet plc (LON EZJ) traded up 0.66% during midday trading on Thursday, hitting GBX 1213.00. 3,354,698 shares of the company traded hands. The stock has a 50 day moving average of GBX 1,236.81 and a 200-day moving average of GBX 1,214.76. The stock’s market capitalization is GBX 4.77 billion. easyJet plc has a 52 week low of GBX 851.00 and a 52 week high of GBX 1,444.00.
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In other easyJet plc news, insider Andrew Findlay purchased 128 shares of the company’s stock in a transaction that occurred on Monday, July 31st. The stock was bought at an average price of GBX 1,265 ($16.34) per share, with a total value of £1,619.20 ($2,091.18). Insiders purchased 417 shares of company stock valued at $530,359 in the last ninety days.
About easyJet plc
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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