easyJet plc (EZJ) Stock Rating Reaffirmed by J P Morgan Chase & Co
easyJet plc (LON:EZJ)‘s stock had its “sell” rating reaffirmed by research analysts at J P Morgan Chase & Co in a note issued to investors on Tuesday.
Several other research analysts have also commented on the stock. Barclays PLC increased their price target on shares of easyJet plc from GBX 1,185 ($15.64) to GBX 1,340 ($17.68) and gave the stock an “equal weight” rating in a research note on Tuesday. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 1,500 ($19.79) price objective on shares of easyJet plc in a report on Thursday, October 19th. Liberum Capital reaffirmed a “sell” rating and set a GBX 1,100 ($14.52) price objective on shares of easyJet plc in a report on Tuesday, October 17th. Numis Securities Ltd downgraded shares of easyJet plc to a “sell” rating in a report on Monday, October 16th. Finally, UBS AG set a GBX 1,465 ($19.33) price objective on shares of easyJet plc and gave the stock a “buy” rating in a report on Friday, October 13th. Seven research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company’s stock. easyJet plc presently has a consensus rating of “Hold” and a consensus target price of GBX 1,261.22 ($16.64).
easyJet plc (LON:EZJ) opened at 1299.00 on Tuesday. The firm’s market cap is GBX 5.11 billion. The company’s 50 day moving average is GBX 1,237.44 and its 200 day moving average is GBX 1,267.55. easyJet plc has a 12-month low of GBX 906.39 and a 12-month high of GBX 1,444.00.
In related news, insider Andrew Findlay acquired 135 shares of the stock in a transaction on Thursday, August 31st. The stock was purchased at an average price of GBX 1,195 ($15.77) per share, for a total transaction of £1,613.25 ($2,128.86). Insiders acquired a total of 433 shares of company stock valued at $529,987 in the last 90 days.
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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