Oddo Bhf Analysts Give easyJet (EZJ) a GBX 2,100 Price Target

easyJet (LON:EZJ) has been assigned a GBX 2,100 ($29.01) price target by equities research analysts at Oddo Bhf in a report released on Tuesday. The brokerage currently has a “buy” rating on the stock. Oddo Bhf’s price target indicates a potential upside of 28.64% from the stock’s current price.

Several other research analysts also recently issued reports on EZJ. HSBC reaffirmed a “buy” rating and issued a GBX 1,850 ($25.56) price objective on shares of easyJet in a research note on Thursday, February 8th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 1,250 ($17.27) price objective on shares of easyJet in a research note on Tuesday, February 6th. Oddo Securities raised easyJet to a “buy” rating and upped their price objective for the company from GBX 1,250 ($17.27) to GBX 2,100 ($29.01) in a research note on Tuesday. UBS Group set a GBX 1,660 ($22.93) price objective on easyJet and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Finally, Canaccord Genuity upped their price objective on easyJet from GBX 1,295 ($17.89) to GBX 1,640 ($22.66) 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 given a hold rating and thirteen have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 1,594.31 ($22.03).

easyJet (LON:EZJ) traded up GBX 19.50 ($0.27) during trading on Tuesday, hitting GBX 1,632.50 ($22.55). The stock had a trading volume of 1,460,000 shares, compared to its average volume of 2,320,000. easyJet has a one year low of GBX 906.39 ($12.52) and a one year high of GBX 1,695.67 ($23.43). The firm has a market capitalization of $6,480.00 and a P/E ratio of 2,176.67.

In related news, insider Andrew Findlay sold 3,243 shares of the stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of GBX 1,383 ($19.11), for a total value of £44,850.69 ($61,965.58). Also, insider Johan Lundgren bought 20,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 6th. The stock was purchased at an average price of GBX 1,442 ($19.92) per share, for a total transaction of £288,400 ($398,452.61). Over the last quarter, insiders purchased 20,238 shares of company stock worth $29,178,260.

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About easyJet

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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