easyJet (LON:EZJ) Receives Buy Rating from UBS Group

easyJet (LON:EZJ)‘s stock had its “buy” rating restated by equities research analysts at UBS Group in a research note issued to investors on Friday,London Stock Exchange reports. They currently have a GBX 800 price objective on the stock. UBS Group’s target price would suggest a potential upside of 65.53% from the stock’s current price.

Other equities research analysts have also recently issued reports about the company. Citigroup lowered their price objective on easyJet from GBX 520 to GBX 500 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Peel Hunt reiterated a “buy” rating and set a GBX 850 target price on shares of easyJet in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft cut easyJet to a “sell” rating and cut their price objective for the stock from GBX 535 to GBX 465 in a report on Thursday. Panmure Gordon increased their target price on shares of easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a report on Tuesday, November 25th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of easyJet in a research report on Monday, September 22nd. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of GBX 632.50.

easyJet Stock Down 0.1%

EZJ stock traded down GBX 0.70 during trading on Friday, reaching GBX 483.30. The stock had a trading volume of 93,559,477 shares, compared to its average volume of 11,705,491. The company’s 50 day moving average is GBX 491.70 and its two-hundred day moving average is GBX 490.15. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33. easyJet has a one year low of GBX 401.05 and a one year high of GBX 590.60. The company has a market capitalization of £3.61 billion, a price-to-earnings ratio of 7.47, a P/E/G ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ) last released its earnings results on Tuesday, November 25th. The company reported GBX 66.40 EPS for the quarter. easyJet had a return on equity of 13.89% and a net margin of 4.27%. Equities research analysts forecast that easyJet will post 67.3369565 EPS for the current year.

Insider Buying and Selling

In other easyJet news, insider Harald Eisenächer bought 4,000 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average price of GBX 476 per share, for a total transaction of £19,040. Insiders acquired a total of 4,061 shares of company stock worth $1,933,698 over the last ninety days. Company insiders own 15.15% of the company’s stock.

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.