easyJet plc (LON:EZJ) has been given an average recommendation of “Hold” by the twenty-one research firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating on the company. The average 12 month price objective among analysts that have covered the stock in the last year is GBX 1,197.89 ($15.65).
Several equities analysts have issued reports on the company. JPMorgan Chase & Co. cut News from a “neutral” rating to an “underweight” rating in a research report on Thursday. Morgan Stanley set a $70.00 target price on Edison International and gave the stock a “hold” rating in a research report on Monday, July 15th. Barclays set a $330.00 price target on Thermo Fisher Scientific and gave the stock a “buy” rating in a research note on Monday, July 15th. HSBC raised EASYJET PLC/S from a “reduce” rating to a “hold” rating in a research note on Friday. Finally, Sanford C. Bernstein set a €7.00 ($8.14) price target on Air France KLM and gave the stock a “sell” rating in a research note on Friday.
In other news, insider John Barton purchased 11,000 shares of the firm’s stock in a transaction dated Thursday, May 23rd. The shares were acquired at an average price of GBX 902 ($11.79) per share, with a total value of £99,220 ($129,648.50). Insiders have bought a total of 11,032 shares of company stock worth $9,952,608 in the last three months.
LON EZJ traded up GBX 24 ($0.31) on Tuesday, hitting GBX 1,100 ($14.37). 10,952,606 shares of the company’s stock were exchanged, compared to its average volume of 2,170,000. The company has a current ratio of 0.60, a quick ratio of 0.50 and a debt-to-equity ratio of 58.86. The firm has a 50-day moving average price of GBX 942.44. easyJet has a fifty-two week low of GBX 840 ($10.98) and a fifty-two week high of GBX 1,737 ($22.70). The stock has a market cap of $4.37 billion and a price-to-earnings ratio of 22.49.
easyJet Company Profile
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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