Beaufort Securities downgraded shares of easyJet (LON:EZJ) to a hold rating in a research report released on Friday.

Other equities research analysts have also recently issued reports about the company. Societe Generale reiterated a sell rating and issued a GBX 1,050 ($14.04) target price on shares of easyJet in a research note on Monday, October 9th. Liberum Capital reiterated a sell rating and issued a GBX 1,100 ($14.71) target price on shares of easyJet in a research note on Wednesday, December 6th. set a GBX 1,550 ($20.72) target price on easyJet and gave the company a buy rating in a research note on Thursday, September 14th. Morgan Stanley reiterated an equal weight rating and issued a GBX 1,230 ($16.45) target price on shares of easyJet in a research note on Monday, October 9th. Finally, Goldman Sachs Group set a GBX 1,330 ($17.78) target price on easyJet and gave the company a neutral rating in a research note on Tuesday, October 31st. Four equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and ten have given a buy rating to the company. The stock presently has a consensus rating of Hold and a consensus price target of GBX 1,395.04 ($18.65).

easyJet (EZJ) opened at GBX 1,511.50 ($20.21) on Friday. The company has a market cap of $6,000.00 and a price-to-earnings ratio of 2,015.33. easyJet has a 1-year low of GBX 906.39 ($12.12) and a 1-year high of GBX 1,549 ($20.71).

The firm also recently announced a dividend, which will be paid on Friday, March 23rd. Shareholders of record on Thursday, March 1st will be paid a dividend of GBX 40.90 ($0.55) per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a yield of 3%.

In other news, insider Johan Lundgren purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was acquired at an average price of GBX 1,442 ($19.28) per share, with a total value of £288,400 ($385,613.05). Also, insider Andrew Findlay purchased 115 shares of the stock in a transaction that occurred on Thursday, November 30th. The stock was purchased at an average cost of GBX 1,407 ($18.81) per share, with a total value of £1,618.05 ($2,163.46). In the last ninety days, insiders have acquired 20,383 shares of company stock worth $29,368,458.

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About easyJet

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet (LON:EZJ)

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