easyJet (LON:EZJ) had its price objective increased by research analysts at JPMorgan Chase & Co. from GBX 1,550 ($21.02) to GBX 1,800 ($24.41) in a research report issued to clients and investors on Wednesday. The firm presently has an “overweight” rating on the stock. JPMorgan Chase & Co.’s price target would suggest a potential upside of 6.57% from the stock’s current price.
EZJ has been the subject of several other reports. Liberum Capital restated a “sell” rating and issued a GBX 1,100 ($14.92) price objective on shares of easyJet in a research note on Monday, November 6th. UBS Group set a GBX 1,465 ($19.87) price objective on easyJet and gave the stock a “buy” rating in a research note on Tuesday, September 26th. Morgan Stanley upgraded easyJet to an “overweight” rating and raised their price objective for the stock from GBX 1,490 ($20.21) to GBX 1,725 ($23.39) in a research note on Friday, January 19th. restated a “buy” rating and issued a GBX 1,500 ($20.34) price objective on shares of easyJet in a research note on Thursday, October 19th. Finally, Redburn Partners restated a “buy” rating and issued a GBX 1,900 ($25.77) price objective on shares of easyJet in a research note on Monday, November 27th. Two research analysts have rated the stock with a sell rating, ten have given a hold rating and twelve have assigned a buy rating to the stock. easyJet has an average rating of “Hold” and an average price target of GBX 1,527.58 ($20.72).
Shares of easyJet (LON:EZJ) traded up GBX 38 ($0.52) during trading hours on Wednesday, hitting GBX 1,689 ($22.90). The stock 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 stock has a market capitalization of $6,710.00 and a PE ratio of 2,252.00.
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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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