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).

In other easyJet news, insider Johan Lundgren bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The shares were acquired at an average cost of GBX 1,442 ($19.41) per share, for a total transaction of £288,400 ($388,156.12). Also, insider Andrew Findlay bought 115 shares of the company’s stock in a transaction that occurred on Thursday, November 30th. The stock was acquired at an average price of GBX 1,407 ($18.94) per share, for a total transaction of £1,618.05 ($2,177.73). Insiders purchased a total of 20,403 shares of company stock worth $29,367,632 over the last quarter.

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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.

Analyst Recommendations for easyJet (LON:EZJ)

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