easyJet (EZJ) Given a GBX 1,565 Price Target at Credit Suisse Group
easyJet (LON:EZJ) has been assigned a GBX 1,565 ($21.06) price objective by analysts at Credit Suisse Group in a research note issued to investors on Thursday. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s price objective suggests a potential upside of 9.75% from the company’s previous close.
A number of other brokerages have also weighed in on EZJ. UBS set a GBX 1,465 ($19.72) price target on shares of easyJet and gave the company a “buy” rating in a report on Friday, October 13th. Barclays raised their target price on shares of easyJet from GBX 1,185 ($15.95) to GBX 1,340 ($18.03) and gave the company an “equal weight” rating in a research note on Tuesday, October 24th. Deutsche Bank reissued a “hold” rating and issued a GBX 1,460 ($19.65) target price on shares of easyJet in a research note on Monday, November 13th. Royal Bank of Canada raised their target price on shares of easyJet from GBX 1,300 ($17.50) to GBX 1,450 ($19.52) and gave the company a “sector performer” rating in a research note on Friday, November 24th. Finally, Liberum Capital reissued a “sell” rating and issued a GBX 1,100 ($14.80) target price on shares of easyJet in a research note on Wednesday, December 6th. Five equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have assigned a buy rating to the stock. The company has a consensus rating of “Hold” and an average price target of GBX 1,375.84 ($18.52).
Shares of easyJet (EZJ) traded down GBX 1 ($0.01) on Thursday, hitting GBX 1,426 ($19.19). 2,092,654 shares of the company’s stock were exchanged, compared to its average volume of 2,340,000. easyJet has a 52 week low of GBX 906.39 ($12.20) and a 52 week high of GBX 1,468.01 ($19.76).
easyJet 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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