easyJet plc (OTCMKTS:ESYJY) Receives Consensus Rating of “Hold” from Analysts

easyJet plc (OTCMKTS:ESYJY) has been assigned an average recommendation of “Hold” from the seven brokerages that are currently covering the company, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and three have given a buy rating to the company.

Several equities analysts have recently issued reports on the company. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of easyJet in a research report on Monday, December 1st. Deutsche Bank Aktiengesellschaft lowered easyJet from a “hold” rating to a “sell” rating in a research report on Thursday, January 15th. Kepler Capital Markets lowered easyJet from a “buy” rating to a “hold” rating in a report on Friday, December 12th. Morgan Stanley initiated coverage on shares of easyJet in a report on Wednesday, October 15th. They issued an “underweight” rating for the company. Finally, Sanford C. Bernstein upgraded shares of easyJet from a “market perform” rating to an “outperform” rating in a research report on Friday, November 28th.

easyJet Price Performance

Shares of ESYJY opened at $6.50 on Friday. The firm has a fifty day moving average of $6.55 and a 200-day moving average of $6.51. easyJet has a 1 year low of $5.19 and a 1 year 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.