easyJet plc (OTCMKTS:ESYJY) Given Average Rating of “Hold” by Brokerages

easyJet plc (OTCMKTS:ESYJY) has earned an average recommendation of “Hold” from the eight research firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company.

Several equities research analysts have commented on ESYJY shares. Kepler Capital Markets lowered easyJet from a “buy” rating to a “hold” rating in a research note on Friday, December 12th. Deutsche Bank Aktiengesellschaft lowered easyJet from a “hold” rating to a “sell” rating in a research note on Thursday, January 15th. Sanford C. Bernstein upgraded easyJet from a “market perform” rating to an “outperform” rating in a report on Friday, November 28th. JPMorgan Chase & Co. reissued an “underweight” rating on shares of easyJet in a research report on Monday, December 1st. Finally, Citigroup raised shares of easyJet from a “neutral” rating to a “buy” rating in a research report on Wednesday, February 11th.

easyJet Stock Performance

ESYJY stock opened at $5.68 on Friday. The business has a fifty day simple moving average of $6.54 and a 200-day simple moving average of $6.45. easyJet has a 52 week low of $5.19 and a 52 week high of $8.04.

easyJet Company Profile

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.