easyJet plc (OTCMKTS:ESYJY) Receives Average Recommendation of “Hold” from Brokerages

Shares of easyJet plc (OTCMKTS:ESYJY) have received a consensus rating of “Hold” from the eight ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company.

Several brokerages recently commented on ESYJY. Royal Bank Of Canada reissued an “outperform” rating on shares of easyJet in a report on Friday, April 17th. Citigroup raised shares of easyJet from a “neutral” rating to a “buy” rating in a report on Wednesday, February 11th. Finally, Sanford C. Bernstein lowered shares of easyJet from an “outperform” rating to a “market perform” rating in a report on Monday, April 13th.

easyJet Price Performance

Shares of OTCMKTS ESYJY opened at $4.98 on Friday. The firm has a fifty day moving average of $5.02 and a 200 day moving average of $5.96. easyJet has a one year low of $4.57 and a one 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.