Shares of easyJet plc (LON:EZJ) have been assigned a consensus rating of “Hold” from the twenty-four brokerages that are covering the firm, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, eleven have assigned a hold recommendation and eleven have issued a buy recommendation on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 1,539.67 ($21.59).
A number of analysts recently issued reports on the company. Sanford C. Bernstein set a GBX 1,600 ($22.43) price objective on easyJet and gave the company a “neutral” rating in a research report on Monday, January 29th. UBS Group set a GBX 1,800 ($25.24) price objective on easyJet and gave the company a “buy” rating in a research report on Monday, January 29th. Morgan Stanley set a GBX 1,880 ($26.36) price objective on easyJet and gave the company a “buy” rating in a research report on Wednesday, January 24th. S&P Global set a GBX 1,750 ($24.54) price objective on easyJet and gave the company a “neutral” rating in a research report on Wednesday, January 24th. Finally, Numis Securities raised easyJet to a “hold” rating and set a GBX 1,508 ($21.14) price objective for the company in a research report on Thursday, January 25th.
In other news, insider Johan Lundgren purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The shares were purchased at an average cost of GBX 1,442 ($20.22) per share, for a total transaction of £288,400 ($404,374.65). Also, insider Andrew Findlay purchased 115 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average price of GBX 1,407 ($19.73) per share, for a total transaction of £1,618.05 ($2,268.72). Insiders have purchased 20,249 shares of company stock worth $29,192,318 over the last 90 days.
The firm also recently disclosed a dividend, which will be paid on Friday, March 23rd. Investors of record on Thursday, March 1st will be given a dividend of GBX 40.90 ($0.57) per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a dividend yield of 3%.
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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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