easyJet plc (LON:EZJ) Given Consensus Recommendation of “Hold” by Brokerages

Shares of easyJet plc (LON:EZJ) have been given a consensus recommendation of “Hold” by the eight ratings firms that are presently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have given a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is GBX 646.43.

Several equities research analysts have recently commented on EZJ shares. Royal Bank Of Canada boosted their target price on shares of easyJet from GBX 600 to GBX 715 and gave the stock a “sector perform” rating in a research report on Friday, August 21st. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 340 price target on shares of easyJet in a research report on Tuesday, June 2nd. JPMorgan Chase & Co. boosted their price objective on easyJet from GBX 360 to GBX 715 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, UBS Group reissued a “buy” rating and issued a GBX 635 price objective on shares of easyJet in a research note on Monday, May 18th.

easyJet Stock Up 0.2%

easyJet stock opened at GBX 674.80 on Thursday. easyJet has a 1-year low of GBX 332.60 and a 1-year high of GBX 683.80. The firm has a market capitalization of £5.04 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 0.59 and a beta of 1.72. The firm’s fifty day moving average price is GBX 623.59 and its two-hundred day moving average price is GBX 482.12. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36.

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.