easyJet (OTCMKTS:ESYJY) Cut to “Hold” at Kepler Capital Markets

Kepler Capital Markets cut shares of easyJet (OTCMKTS:ESYJY) from a buy rating to a hold rating in a research note issued to investors on Friday morning, Marketbeat reports.

Several other equities research analysts have also issued reports on the stock. Morgan Stanley began coverage on shares of easyJet in a research note on Wednesday, October 15th. They set an “underweight” rating on the stock. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of easyJet in a research report on Monday, December 1st. Finally, Sanford C. Bernstein upgraded easyJet from a “market perform” rating to an “outperform” rating in a research report on Friday, November 28th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.

easyJet Price Performance

Shares of OTCMKTS ESYJY opened at $6.50 on Friday. The company’s fifty day moving average price is $6.34 and its 200 day moving average price is $6.67. easyJet has a 1 year low of $5.19 and a 1 year high of $8.04.

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.