easyJet plc (LON:EZJ) was upgraded by equities research analysts at Investec to a “buy” rating in a research report issued on Wednesday. The brokerage currently has a GBX 1,600 ($21.04) target price on the stock, up from their prior target price of GBX 1,400 ($18.41). Investec’s target price indicates a potential upside of 18.52% from the stock’s previous close.

Several other brokerages also recently weighed in on EZJ. Sanford C. Bernstein set a GBX 1,600 ($21.04) target price on easyJet plc and gave the stock a “buy” rating in a research report on Wednesday, August 16th. Beaufort Securities reaffirmed a “buy” rating on shares of easyJet plc in a research report on Thursday, September 7th. UBS AG set a GBX 1,465 ($19.27) target price on easyJet plc and gave the stock a “buy” rating in a research report on Tuesday, September 5th. Finally, reiterated a “buy” rating and issued a GBX 1,600 ($21.04) price target (up previously from GBX 1,550 ($20.39)) on shares of easyJet plc in a research note on Monday, September 4th. Seven research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of GBX 1,295.42 ($17.04).

Shares of easyJet plc (EZJ) traded up GBX 7 ($0.09) during trading hours on Wednesday, hitting GBX 1,350 ($17.76). The stock had a trading volume of 2,718,453 shares, compared to its average volume of 2,080,000. easyJet plc has a twelve month low of GBX 906.39 ($11.92) and a twelve month high of GBX 1,444 ($18.99).

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In related news, insider Andrew Findlay acquired 135 shares of the business’s stock in a transaction dated Thursday, August 31st. The stock was bought at an average price of GBX 1,195 ($15.72) per share, for a total transaction of £1,613.25 ($2,121.86). Over the last ninety days, insiders have acquired 426 shares of company stock valued at $528,205.

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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