Jet2 plc (LON:JET2) Receives GBX 1,851.17 Consensus PT from Brokerages

Shares of Jet2 plc (LON:JET2) have been given an average rating of “Moderate Buy” by the six brokerages that are currently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year price objective among analysts that have covered the stock in the last year is GBX 1,851.17.

A number of research analysts recently weighed in on the stock. JPMorgan Chase & Co. downgraded shares of Jet2 to a “neutral” rating and lowered their price objective for the company from GBX 1,850 to GBX 1,450 in a research report on Monday, December 1st. Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,100 target price on shares of Jet2 in a research report on Monday, March 23rd. Finally, Deutsche Bank Aktiengesellschaft decreased their target price on shares of Jet2 from GBX 1,596 to GBX 1,457 and set a “buy” rating for the company in a research note on Friday, March 20th.

Key Headlines Impacting Jet2

Here are the key news stories impacting Jet2 this week:

• Positive Sentiment: Jet2 has started and will expand services at London Gatwick, marking its first Gatwick flights and announcing plans to increase frequency as the new service begins. This signals capacity growth and revenue opportunities in a major London market. BBC: Jet2 to increase Gatwick flights as service begins
• Positive Sentiment: Jet2 announced a new Greek destination from London Stansted, adding route diversity and summer leisure capacity that should support load factors and seasonal revenue. Echo: Jet2 announce new Greek destination Stansted
• Positive Sentiment: The carrier launched flights from another major UK airport for the first time and reportedly plans up to five additional routes from that base, highlighting ongoing network expansion. The Sun: Jet2 launches flights from major UK airport
• Neutral Sentiment: Jet2 showcased apprenticeship and skills initiatives during a visit by the aviation minister — positive PR and potential long‑term workforce benefits, but limited near-term financial impact. Travel Weekly: Jet2 highlights apprenticeships
• Neutral Sentiment: Press coverage compares Jet2’s fares with low‑cost rivals and highlights promotional deals; useful context for pricing competitiveness but not an immediate earnings driver. Yahoo: Jet2 launches flights from Gatwick — price comparison
• Neutral Sentiment: Consumer stories about discounted luggage that fits multiple carriers’ allowances may modestly boost ancillary sales but have limited company-level impact. Express: Approved suitcase on sale
• Negative Sentiment: Several outlets covered Jet2’s clarification/enforcement of baggage rules for families with young children; potential for short‑term customer frustration and reputational churn if enforcement is seen as heavy‑handed. MSN: Jet2 confirms baggage rules for families

Jet2 Stock Performance

Shares of LON JET2 opened at GBX 1,130 on Wednesday. The firm’s 50-day moving average price is GBX 1,211.05 and its 200-day moving average price is GBX 1,316.40. Jet2 has a 52-week low of GBX 1,029 and a 52-week high of GBX 1,963. The company has a market cap of £2.09 billion, a PE ratio of 4.82, a PEG ratio of 9.34 and a beta of 1.24. The company has a quick ratio of 1.49, a current ratio of 1.40 and a debt-to-equity ratio of 61.57.

Insider Buying and Selling

In other news, insider Gary Brown bought 2,349 shares of the company’s stock in a transaction on Tuesday, March 3rd. The shares were acquired at an average cost of GBX 766 per share, with a total value of £17,993.34. Also, insider Stephen Heapy bought 2,349 shares of the company’s stock in a transaction on Monday, March 2nd. The stock was purchased at an average cost of GBX 766 per share, for a total transaction of £17,993.34. Insiders bought 6,336 shares of company stock valued at $5,737,896 over the last 90 days. Company insiders own 21.96% of the company’s stock.

About Jet2

Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK’s largest package holiday provider, Jet2holidays.
Jet2.com is the UK’s third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK’s largest tour operator.