easyJet plc (LON:EZJ) Receives Average Recommendation of “Hold” from Analysts

Shares of easyJet plc (LON:EZJ) have earned an average rating of “Hold” from the eight ratings firms that are covering the company, MarketBeat.com reports. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have given a buy recommendation to the company. The average 1 year target price among brokers that have updated their coverage on the stock in the last year is GBX 625.

A number of equities research analysts have weighed in on the stock. Peel Hunt reiterated a “buy” rating and set a GBX 850 price target on shares of easyJet in a research note on Tuesday, November 25th. UBS Group reiterated a “buy” rating and set a GBX 800 target price on shares of easyJet in a research report on Friday, January 16th. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 590 price target on shares of easyJet in a research report on Monday, February 2nd. Panmure Gordon raised their price target on shares of easyJet from GBX 730 to GBX 780 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Finally, Citigroup dropped their target price on easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a report on Monday, February 2nd.

easyJet Trading Up 0.4%

Shares of EZJ opened at GBX 486.10 on Friday. The stock’s 50-day moving average price is GBX 495.15 and its 200 day moving average price is GBX 485.72. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33. The firm has a market capitalization of £3.63 billion, a price-to-earnings ratio of 7.51, a P/E/G ratio of 0.59 and a beta of 2.49. easyJet has a 12-month low of GBX 401.05 and a 12-month high of GBX 590.60.

easyJet (LON:EZJ) last announced its quarterly earnings data on Tuesday, November 25th. The company reported GBX 66.40 earnings per share for the quarter. easyJet had a return on equity of 13.89% and a net margin of 4.27%. As a group, research analysts predict that easyJet will post 67.3369565 earnings per share for the current year.

Insider Activity at easyJet

In other news, insider Harald Eisenächer bought 4,000 shares of the stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average price of GBX 476 per share, with a total value of £19,040. In the last 90 days, insiders have acquired 4,061 shares of company stock valued at $1,933,698. 15.22% of the stock is currently owned by insiders.

easyJet Company Profile

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.