easyJet (LON:EZJ)‘s stock had its “buy” rating reaffirmed by HSBC in a note issued to investors on Thursday. They presently have a GBX 1,850 ($25.94) price target on the stock. HSBC’s target price would indicate a potential upside of 16.65% from the stock’s previous close.
EZJ has been the subject of several other reports. Liberum Capital reiterated a “sell” rating and issued a GBX 1,250 ($17.53) target price on shares of easyJet in a research report on Tuesday, February 6th. UBS Group set a GBX 1,660 ($23.28) target price on shares of easyJet and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Canaccord Genuity raised their target price on shares of easyJet from GBX 1,295 ($18.16) to GBX 1,640 ($22.99) and gave the company a “hold” rating in a research note on Wednesday, January 24th. JPMorgan Chase & Co. set a GBX 1,550 ($21.73) target price on shares of easyJet and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Finally, Beaufort Securities raised their target price on shares of easyJet from GBX 1,460 ($20.47) to GBX 1,530 ($21.45) and gave the company a “hold” rating in a research note on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus price target of GBX 1,552.17 ($21.76).
easyJet (LON:EZJ) traded down GBX 22 ($0.31) during trading on Thursday, reaching GBX 1,586 ($22.24). The company had a trading volume of 2,993,202 shares, compared to its average volume of 2,270,000. easyJet has a fifty-two week low of GBX 906.39 ($12.71) and a fifty-two week high of GBX 1,695.67 ($23.78). The stock has a market capitalization of $6,310.00 and a P/E ratio of 2,114.67.
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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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