Jet2’s (JET2) “Hold” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reissued their hold rating on shares of Jet2 (LON:JET2) in a report released on Friday,Digital Look reports. The firm currently has a GBX 1,256 target price on the stock.

Other analysts have also issued reports about the stock. Jefferies Financial Group restated a “buy” rating and issued a GBX 1,800 price objective on shares of Jet2 in a report on Friday. Royal Bank Of Canada lifted their price target on shares of Jet2 from GBX 1,800 to GBX 1,900 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Canaccord Genuity Group lifted their price target on shares of Jet2 from GBX 1,750 to GBX 1,800 and gave the company a “buy” rating in a research report on Thursday. Finally, UBS Group reissued a “buy” rating and issued a GBX 1,660 price target on shares of Jet2 in a research note on Friday, July 3rd. Five research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, Jet2 currently has a consensus rating of “Moderate Buy” and an average price target of GBX 1,616.57.

Jet2 Price Performance

JET2 stock opened at GBX 1,534 on Friday. The business has a fifty day moving average of GBX 1,490.22 and a two-hundred day moving average of GBX 1,291.91. The company has a quick ratio of 1.49, a current ratio of 1.36 and a debt-to-equity ratio of 62.09. The stock has a market cap of £2.79 billion, a price-to-earnings ratio of 7.37, a price-to-earnings-growth ratio of 9.34 and a beta of 1.18. Jet2 has a 52-week low of GBX 980 and a 52-week high of GBX 1,612.

Jet2 (LON:JET2) last posted its earnings results on Wednesday, July 8th. The company reported GBX 211.20 EPS for the quarter. Jet2 had a return on equity of 19.92% and a net margin of 5.49%. As a group, research analysts anticipate that Jet2 will post 170.9134615 earnings per share for the current year.

Jet2 declared that its Board of Directors has approved a share repurchase plan on Wednesday, July 8th that permits the company to buyback 0 shares. This buyback authorization permits the company to repurchase shares of its stock through open market purchases. Stock buyback plans are often a sign that the company’s board of directors believes its stock is undervalued.

Insider Activity

In other news, insider Stephen Heapy sold 34,241 shares of the stock in a transaction dated Friday, July 17th. The shares were sold at an average price of GBX 1,475, for a total transaction of £505,054.75. Also, insider Gary Brown sold 26,143 shares of the firm’s stock in a transaction that occurred on Friday, July 17th. The shares were sold at an average price of GBX 1,475, for a total transaction of £385,609.25. Over the last ninety days, insiders sold 87,558 shares of company stock valued at $129,148,050. 22.48% of the stock is currently owned by corporate insiders.

Key Jet2 News

Here are the key news stories impacting Jet2 this week:

• Positive Sentiment: Summer bookings rose 8.8% year over year, despite disruption linked to the Middle East, while Jet2 said late-booking demand is continuing into winter. The update suggests resilient customer demand and supports expectations for stronger revenue and earnings. Jet2 says summer bookings are up 8.8% and it is on track for a stronger winter
• Positive Sentiment: Jet2 plans to transfer its listing to the London Stock Exchange’s Main Market. The move could improve the company’s profile, broaden institutional investor access and increase trading liquidity. Jet2 announces move to Main Market of London Stock Exchange
• Positive Sentiment: Analyst support remains favorable. Jefferies reaffirmed its “buy” rating with a GBX 1,800 target, while Canaccord raised its target to GBX 1,800 from GBX 1,750. These targets imply further upside based on the supplied trading level. Deutsche Bank retained a more cautious “hold” view with a GBX 1,256 target.
• Positive Sentiment: The company is expanding its summer 2027 programme from nine UK airports, including additional flights from Edinburgh and Glasgow. More capacity may allow Jet2 to capture continued holiday demand and strengthen its competitive position. Jet2 expands summer 2027 programme from nine UK airports
• Neutral Sentiment: Jet2 is increasing fuel hedging after solid bookings. This reduces exposure to fuel-price volatility but may limit the benefit if fuel prices fall. UK’s Jet2 boosts fuel hedging after solid summer bookings
• Neutral Sentiment: Short-term promotions, including a reported 1p holiday offer, could stimulate bookings but may pressure margins if heavily used. Jet2 introduces 1p rule for holidays

About Jet2

Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK’s largest package holiday provider, Jet2holidays.
Jet2.com is the UK’s third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK’s largest tour operator.