easyJet (LON:EZJ) has been given a GBX 1,550 ($21.02) target price by JPMorgan Chase & Co. in a research report issued on Tuesday. The firm currently has a “buy” rating on the stock. JPMorgan Chase & Co.’s price objective would suggest a potential downside of 5.69% from the stock’s previous close.
A number of other analysts have also recently commented on EZJ. Royal Bank of Canada set a GBX 1,300 ($17.63) price target on easyJet and gave the company a “neutral” rating in a research note on Monday, September 25th. UBS Group set a GBX 1,465 ($19.87) price target on easyJet and gave the company a “buy” rating in a research note on Tuesday, September 26th. Credit Suisse Group reaffirmed an “outperform” rating and issued a GBX 1,583 ($21.47) price target on shares of easyJet in a research note on Thursday, September 28th. Societe Generale reissued a “sell” rating and set a GBX 1,050 ($14.24) target price on shares of easyJet in a research note on Thursday, September 28th. Finally, reissued a “buy” rating and set a GBX 1,550 ($21.02) target price on shares of easyJet in a research note on Friday, September 29th. Four equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and twelve have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of GBX 1,428.56 ($19.37).
Shares of easyJet (LON EZJ) traded up GBX 80 ($1.08) during mid-day trading on Tuesday, hitting GBX 1,643.50 ($22.29). The stock had a trading volume of 4,500,000 shares, compared to its average volume of 2,050,000. The company has a market cap of $6,530.00 and a PE ratio of 2,191.33. easyJet has a one year low of GBX 906.39 ($12.29) and a one year high of GBX 1,673 ($22.69).
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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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