easyJet plc (LON:EZJ) Receives Average Rating of “Hold” from Analysts

easyJet plc (LON:EZJ) has been given a consensus rating of “Hold” by the eight ratings firms that are currently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, one has given a hold rating and five have assigned a buy rating to the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is GBX 550.

A number of equities research analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 340 price objective on shares of easyJet in a research note on Tuesday, June 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 405 target price on shares of easyJet in a research report on Monday, June 1st. JPMorgan Chase & Co. cut their target price on easyJet from GBX 400 to GBX 350 and set an “underweight” rating on the stock in a research report on Wednesday, April 15th. Finally, UBS Group reaffirmed a “buy” rating and issued a GBX 635 target price on shares of easyJet in a research report on Monday, May 18th.

easyJet Trading Up 2.0%

Shares of EZJ opened at GBX 500 on Friday. The stock’s 50-day moving average is GBX 387.99 and its two-hundred day moving average is GBX 436.83. The stock has a market cap of £3.74 billion, a PE ratio of 9.24, a P/E/G ratio of 0.59 and a beta of 1.73. easyJet has a 12 month low of GBX 332.60 and a 12 month high of GBX 557.60. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09.

easyJet (LON:EZJ) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX (50.10) EPS for the quarter. easyJet had a return on equity of 11.57% and a net margin of 3.93%.The company had revenue of GBX 395 million for the quarter. Equities analysts forecast that easyJet will post 67.3369565 earnings per share for the current fiscal year.

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.