easyJet (OTCMKTS:ESYJY) Earns “Underweight” Rating from JPMorgan Chase & Co.

easyJet (OTCMKTS:ESYJY)‘s stock had its “underweight” rating reissued by analysts at JPMorgan Chase & Co. in a research note issued on Monday, MarketBeat.com reports.

A number of other brokerages have also issued reports on ESYJY. Morgan Stanley started coverage on easyJet in a research note on Wednesday, October 15th. They set an “underweight” rating for the company. Sanford C. Bernstein upgraded easyJet from a “market perform” rating to an “outperform” rating in a report on Friday, November 28th. Three investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold”.

easyJet Trading Up 0.1%

easyJet stock opened at $6.51 on Monday. easyJet has a 12-month low of $5.19 and a 12-month high of $8.04. The firm has a 50 day simple moving average of $6.30 and a 200-day simple moving average of $6.73.

About easyJet

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.