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

easyJet plc (OTCMKTS:ESYJY) has been given an average rating of “Hold” by the eight brokerages that are currently covering the stock, MarketBeat.com reports. Three investment analysts have rated the stock with a sell rating, one has issued a hold rating and four have assigned a buy rating to the company.

A number of equities analysts recently weighed in on the stock. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of easyJet in a research report on Monday, December 1st. Kepler Capital Markets lowered shares of easyJet from a “buy” rating to a “hold” rating in a research note on Friday, December 12th. Deutsche Bank Aktiengesellschaft downgraded shares of easyJet from a “hold” rating to a “sell” rating in a research report on Thursday, January 15th. Sanford C. Bernstein upgraded easyJet from a “market perform” rating to an “outperform” rating in a research report on Friday, November 28th. Finally, Citigroup raised easyJet from a “neutral” rating to a “buy” rating in a research note on Wednesday.

easyJet Price Performance

OTCMKTS:ESYJY opened at $6.62 on Wednesday. easyJet has a 12-month low of $5.19 and a 12-month high of $8.04. The stock’s 50 day simple moving average is $6.65 and its 200-day simple moving average is $6.49.

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.