Berenberg Bank Upgrades EASYJET PLC/S (OTCMKTS:ESYJY) to Buy

EASYJET PLC/S (OTCMKTS:ESYJY) was upgraded by Berenberg Bank from a “hold” rating to a “buy” rating in a research note issued on Friday, Briefing.com Automated Import reports.

A number of other equities research analysts have also recently weighed in on the stock. HSBC cut shares of to a “reduce” rating and dropped their price target for the company from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research report on Wednesday, June 19th. Sanford C. Bernstein set a €105.00 ($122.09) price target on shares of Merck KGaA and gave the company a “buy” rating in a research report on Monday, April 8th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the company. The company currently has a consensus rating of “Hold”.

EASYJET PLC/S stock traded up $0.08 during midday trading on Friday, hitting $12.48. 798 shares of the stock were exchanged, compared to its average volume of 6,357. EASYJET PLC/S has a fifty-two week low of $10.73 and a fifty-two week high of $22.28. The stock’s 50-day moving average price is $11.71.

EASYJET PLC/S Company Profile

easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.

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Analyst Recommendations for EASYJET PLC/S (OTCMKTS:ESYJY)

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