easyJet plc (OTCMKTS:ESYJY) Given Consensus Recommendation of “Hold” by Analysts

Shares of easyJet plc (OTCMKTS:ESYJY) have been given a consensus recommendation of “Hold” by the eight ratings firms that are currently covering the stock, Marketbeat Ratings reports. Three analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company.

Several equities analysts recently issued reports on the company. Citigroup upgraded easyJet from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 11th. Royal Bank Of Canada restated an “outperform” rating on shares of easyJet in a research note on Friday, April 17th. Sanford C. Bernstein cut easyJet from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft cut easyJet from a “hold” rating to a “sell” rating in a research note on Thursday, January 15th.

easyJet Stock Performance

Shares of ESYJY opened at $5.02 on Monday. The business’s fifty day moving average price is $5.33 and its 200 day moving average price is $6.10. easyJet has a 12-month low of $4.61 and a 12-month high of $8.04.

About easyJet

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.