easyJet plc (LON:EZJ) has earned an average rating of “Hold” from the twenty-one brokerages that are covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, nine have given a hold recommendation and eight have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is GBX 902.20 ($11.79).
Several research firms have weighed in on EZJ. UBS Group restated a “buy” rating and set a GBX 1,170 ($15.29) price objective on shares of easyJet in a report on Wednesday, September 2nd. Credit Suisse Group set a GBX 752 ($9.83) target price on shares of easyJet and gave the company a “buy” rating in a report on Tuesday, September 8th. Sanford C. Bernstein set a GBX 1,100 ($14.37) target price on shares of easyJet and gave the company a “buy” rating in a report on Wednesday, June 17th. Berenberg Bank upgraded shares of easyJet to a “buy” rating and lowered their target price for the company from GBX 850 ($11.11) to GBX 800 ($10.45) in a report on Wednesday, July 22nd. Finally, Liberum Capital reiterated an “under review” rating on shares of easyJet in a report on Thursday, June 25th.
In other easyJet news, insider Charles Gurassa bought 90,241 shares of the stock in a transaction on Tuesday, August 4th. The shares were acquired at an average price of GBX 554 ($7.24) per share, with a total value of £499,935.14 ($653,253.81). Also, insider Julie Southern bought 1,771 shares of the stock in a transaction on Friday, August 7th. The shares were acquired at an average cost of GBX 561 ($7.33) per share, for a total transaction of £9,935.31 ($12,982.24). Insiders have purchased 92,085 shares of company stock valued at $51,031,651 in the last 90 days.
LON:EZJ opened at GBX 585.60 ($7.65) on Friday. The firm’s fifty day moving average is GBX 583.76 and its 200-day moving average is GBX 661.89. The company has a debt-to-equity ratio of 88.67, a quick ratio of 0.47 and a current ratio of 0.55. easyJet has a 52 week low of GBX 410 ($5.36) and a 52 week high of GBX 1,570 ($20.51). The firm has a market cap of $2.67 billion and a P/E ratio of 9.57.
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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