easyJet’s (EZJ) “Sector perform” Rating Reaffirmed at Royal Bank Of Canada

Royal Bank Of Canada reaffirmed their sector perform rating on shares of easyJet (LON:EZJ) in a research report released on Monday morning, MarketBeat Ratings reports. They currently have a GBX 600 price target on the stock.

A number of other equities analysts have also commented on EZJ. JPMorgan Chase & Co. raised their price target on shares of easyJet from GBX 340 to GBX 360 and gave the stock an “underweight” rating in a research report on Friday. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 340 price objective on shares of easyJet in a report on Tuesday, June 2nd. Finally, UBS Group restated a “buy” rating and set a GBX 635 target price on shares of easyJet in a research report on Monday, May 18th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of GBX 579.29.

easyJet Price Performance

Shares of LON EZJ opened at GBX 604 on Monday. The firm has a market cap of £4.52 billion, a P/E ratio of 11.16, a price-to-earnings-growth ratio of 0.59 and a beta of 1.70. The business’s 50 day moving average is GBX 441.26 and its 200-day moving average is GBX 442.64. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36. easyJet has a 1-year low of GBX 332.60 and a 1-year high of GBX 622.26.

easyJet (LON:EZJ) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX (50.10) EPS for the quarter. The firm had revenue of GBX 395 million during the quarter. easyJet had a net margin of 3.93% and a return on equity of 11.57%. Equities research analysts predict that easyJet will post 67.3369565 earnings per share for the current year.

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.