easyJet plc (EZJ) Given Consensus Recommendation of “Hold” by Brokerages

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.

easyJet (EZJ) traded down GBX 10 ($0.14) on Tuesday, reaching GBX 1,643 ($23.04). The company had a trading volume of 3,168,267 shares, compared to its average volume of 2,010,000. The firm has a market capitalization of $6,530.00 and a PE ratio of 2,190.67. easyJet has a 52-week low of GBX 906.39 ($12.71) and a 52-week high of GBX 1,695.67 ($23.78).

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.

Analyst Recommendations for easyJet (LON:EZJ)

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