easyJet plc’s (EZJ) Sell Rating Reiterated at Liberum Capital
easyJet plc (LON:EZJ)‘s stock had its “sell” rating reiterated by Liberum Capital in a research report issued to clients and investors on Monday. They currently have a GBX 1,100 ($14.52) target price on the stock. Liberum Capital’s price target suggests a potential downside of 13.59% from the stock’s previous close.
EZJ has been the topic of several other reports. Barclays PLC reaffirmed an “equal weight” rating and set a GBX 1,150 ($15.18) target price on shares of easyJet plc in a research report on Monday, July 17th. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 1,500 ($19.79) target price on shares of easyJet plc in a research report on Thursday, October 19th. Credit Suisse Group set a GBX 1,583 ($20.89) target price on easyJet plc and gave the company a “buy” rating in a research report on Friday, July 7th. Canaccord Genuity reaffirmed a “sell” rating and set a GBX 1,076 ($14.20) target price on shares of easyJet plc in a research report on Thursday, July 20th. Finally, J P Morgan Chase & Co reaffirmed an “underweight” rating and set a GBX 1,380 ($18.21) target price on shares of easyJet plc in a research report on Monday, October 9th. Seven research analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have assigned a buy rating to the company’s stock. The company has a consensus rating of “Hold” and an average target price of GBX 1,260.43 ($16.63).
Shares of easyJet plc (LON EZJ) opened at 1306.00 on Monday. easyJet plc has a 52-week low of GBX 906.39 and a 52-week high of GBX 1,444.00. The stock’s market capitalization is GBX 5.13 billion. The company’s 50 day moving average price is GBX 1,249.84 and its 200 day moving average price is GBX 1,271.34.
In other easyJet plc news, insider Andrew Findlay purchased 135 shares of the stock in a transaction on Thursday, August 31st. The shares were bought at an average price of GBX 1,195 ($15.77) per share, for a total transaction of £1,613.25 ($2,128.86). Insiders have acquired 305 shares of company stock worth $368,067 in the last quarter.
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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