easyJet plc (EZJ) Receives Average Rating of “Hold” from Analysts
Shares of easyJet plc (LON:EZJ) have received a consensus rating of “Hold” from the twenty-five analysts that are presently covering the stock, MarketBeat Ratings reports. Four investment analysts have rated the stock with a sell recommendation, eleven have given a hold recommendation and ten have issued a buy recommendation on the company. The average 12 month price objective among analysts that have issued ratings on the stock in the last year is GBX 1,412.22 ($19.15).
Several research firms recently issued reports on EZJ. Liberum Capital reissued a “sell” rating and set a GBX 1,100 ($14.92) price target on shares of easyJet in a report on Monday, November 6th. JPMorgan Chase & Co. reissued an “underweight” rating and set a GBX 1,380 ($18.71) price target on shares of easyJet in a report on Monday, October 9th. UBS Group set a GBX 1,465 ($19.87) price target on shares of easyJet and gave the stock a “buy” rating in a report on Tuesday, September 26th. reissued a “buy” rating and set a GBX 1,500 ($20.34) price target on shares of easyJet in a report on Thursday, October 19th. Finally, Redburn Partners reissued a “buy” rating and set a GBX 1,900 ($25.77) price target on shares of easyJet in a report on Monday, November 27th.
Shares of easyJet (EZJ) traded down GBX 7 ($0.09) during trading hours on Friday, hitting GBX 1,529.50 ($20.74). 1,639,384 shares of the stock were exchanged, compared to its average volume of 2,110,000. easyJet has a 1-year low of GBX 906.39 ($12.29) and a 1-year high of GBX 1,551 ($21.03). The stock has a market capitalization of $6,080.00 and a PE ratio of 2,039.33.
In other news, insider Andrew Findlay acquired 122 shares of easyJet stock in a transaction that occurred on Tuesday, October 31st. The shares were acquired at an average price of GBX 1,322 ($17.93) per share, with a total value of £1,612.84 ($2,187.20). Also, insider Johan Lundgren acquired 20,000 shares of easyJet stock in a transaction that occurred on Wednesday, December 6th. The shares were purchased at an average cost of GBX 1,442 ($19.56) per share, for a total transaction of £288,400 ($391,103.88). Insiders bought 20,371 shares of company stock worth $29,353,602 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.
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