easyJet (LON:EZJ) Price Target Raised to GBX 715

easyJet (LON:EZJ) had its price target boosted by Royal Bank Of Canada from GBX 600 to GBX 715 in a research report sent to investors on Friday,London Stock Exchange reports. The brokerage currently has a sector perform rating on the stock.

Other equities analysts have also issued reports about the stock. UBS Group restated a “buy” rating and issued a GBX 635 price objective on shares of easyJet in a report on Monday, May 18th. JPMorgan Chase & Co. lifted their target price on shares of easyJet from GBX 360 to GBX 715 and gave the company a “neutral” rating in a report on Friday, August 7th. Finally, Deutsche Bank Aktiengesellschaft reissued a “sell” rating and issued a GBX 340 target price on shares of easyJet in a research report on Tuesday, June 2nd. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of GBX 646.43.

easyJet Trading Up 0.3%

Shares of EZJ stock opened at GBX 673.34 on Friday. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09. The firm has a market cap of £5.03 billion, a PE ratio of 12.45, a price-to-earnings-growth ratio of 0.59 and a beta of 1.72. The company has a 50-day moving average of GBX 613.30 and a two-hundred day moving average of GBX 478.31. easyJet has a 1-year low of GBX 332.60 and a 1-year high of GBX 683.80.

easyJet (LON:EZJ) last released its quarterly earnings results on Thursday, May 21st. The company reported GBX (50.10) earnings per share (EPS) for the quarter. The company had revenue of GBX 395 million during the quarter. easyJet had a net margin of 3.93% and a return on equity of 11.57%. On average, analysts predict that easyJet will post 67.3369565 EPS for the current year.

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.