easyJet plc (OTCMKTS:ESYJY) Stock Now Rated “Reduce” by Wall Street Brokerages

easyJet plc (OTCMKTS:ESYJY) has been given a consensus recommendation of “Reduce” by the nine ratings firms that are presently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company.

ESYJY has been the topic of several analyst reports. UBS Group downgraded easyJet to a “neutral” rating in a research report on Tuesday, June 30th. Citigroup restated a “neutral” rating on shares of easyJet in a research report on Monday, July 13th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of easyJet in a research note on Monday, August 24th.

easyJet Price Performance

Shares of ESYJY stock opened at $9.04 on Tuesday. easyJet has a 1 year low of $4.57 and a 1 year high of $9.25. The firm has a fifty day moving average price of $8.99 and a 200-day moving average price of $7.07.

easyJet Company Profile

easyJet plc is a United Kingdom-based low-cost airline group that operates scheduled short-haul passenger flights. The company serves leisure and business travelers through a network connecting airports in the United Kingdom and continental Europe with destinations in countries including France, Spain, Italy, Portugal, Greece, Switzerland, and the Netherlands, as well as selected locations in North Africa and the Middle East.

In addition to its airline operations, easyJet offers ancillary travel services such as seat selection, baggage options, onboard products, and car-hire and accommodation arrangements.