Easyjet (EJTTF) Raised to “Strong-Buy” at Zacks Investment Research

Easyjet (OTCMKTS:EJTTF) was upgraded by Zacks Investment Research from a “hold” rating to a “strong-buy” rating in a research report issued on Thursday. The brokerage currently has a $26.00 target price on the stock. Zacks Investment Research‘s price target suggests a potential upside of 13.04% from the company’s current price.

According to Zacks, “EasyJet plc is an airline company. It operates primarily in the United Kingdom and Europe. EasyJet plc is based in Luton, the United Kingdom. “

Several other equities research analysts also recently commented on EJTTF. JPMorgan Chase & Co. raised Easyjet to a “buy” rating in a research note on Wednesday, December 6th. Sanford C. Bernstein lowered Easyjet to a “hold” rating in a report on Monday.

Easyjet (EJTTF) traded down $1.00 during trading hours on Thursday, hitting $23.00. The stock had a trading volume of 1,500 shares, compared to its average volume of 1,875. Easyjet has a 12 month low of $10.00 and a 12 month high of $24.00. The company has a quick ratio of 1.04, a current ratio of 1.04 and a debt-to-equity ratio of 0.34.

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Easyjet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2016, it operated 803 routes and a fleet of 257 aircraft. The company also engages in trading and leasing aircrafts; and the provision of graphic design services. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.

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