easyJet (LON:EZJ)‘s stock had its “equal weight” rating restated by analysts at Barclays in a note issued to investors on Wednesday. They presently have a GBX 1,450 ($19.66) price objective on the stock. Barclays’ price objective would indicate a potential downside of 14.15% from the company’s current price.
Other equities analysts have also issued reports about the company. Sanford C. Bernstein set a GBX 1,600 ($21.70) price target on easyJet and gave the company a “buy” rating in a research note on Friday, October 6th. restated a “buy” rating and set a GBX 1,550 ($21.02) price target on shares of easyJet in a research note on Friday, September 29th. 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. Beaufort Securities reaffirmed a “buy” rating on shares of easyJet in a report on Monday, October 9th. Finally, HSBC lifted their price objective on easyJet from GBX 1,500 ($20.34) to GBX 1,550 ($21.02) and gave the company a “buy” rating in a report on Wednesday, November 22nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and twelve have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 1,527.58 ($20.72).
Shares of easyJet (EZJ) traded up GBX 38 ($0.52) on Wednesday, reaching GBX 1,689 ($22.90). The company had a trading volume of 2,010,000 shares, compared to its average volume of 2,190,000. easyJet has a 1 year low of GBX 906.39 ($12.29) and a 1 year high of GBX 1,695.67 ($23.00). The company has a market capitalization of $6,710.00 and a price-to-earnings ratio of 2,252.00.
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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