easyJet plc (LON:EZJ) has earned a consensus rating of “Hold” from the twenty-six ratings firms that are presently covering the company, Marketbeat Ratings reports. Seven investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eight have assigned a buy rating to the company. The average 1 year price objective among analysts that have covered the stock in the last year is GBX 1,248.14 ($16.56).

Several research analysts have commented on the stock. UBS AG set a GBX 1,425 ($18.90) price target on shares of easyJet plc and gave the company a “buy” rating in a report on Thursday, June 29th. J P Morgan Chase & Co set a GBX 1,350 ($17.91) price target on shares of easyJet plc and gave the company a “sell” rating in a report on Friday, July 21st. Liberum Capital reissued a “sell” rating and issued a GBX 1,100 ($14.59) price target on shares of easyJet plc in a report on Wednesday, August 16th. Goldman Sachs Group, Inc. (The) downgraded shares of easyJet plc to a “neutral” rating and raised their price target for the company from GBX 970 ($12.87) to GBX 1,300 ($17.24) in a report on Friday, June 16th. Finally, Beaufort Securities reissued a “buy” rating on shares of easyJet plc in a report on Wednesday, June 7th.

In related news, insider Andrew Findlay acquired 135 shares of the firm’s stock in a transaction dated Thursday, August 31st. The stock was purchased at an average cost of GBX 1,195 ($15.85) per share, with a total value of £1,613.25 ($2,139.87). In the last quarter, insiders bought 431 shares of company stock worth $529,491.

Shares of easyJet plc (EZJ) traded down 1.54% on Wednesday, reaching GBX 1277.00. 1,588,449 shares of the company’s stock traded hands. The company’s 50-day moving average price is GBX 1,223.08 and its 200 day moving average price is GBX 1,241.47. The firm’s market cap is GBX 5.02 billion. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,444.00.

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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.

Analyst Recommendations for easyJet plc (LON:EZJ)

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