easyJet (EZJ) Given a GBX 1,683 Price Target at Credit Suisse Group
easyJet (LON:EZJ) has been assigned a GBX 1,683 ($21.99) price target by research analysts at Credit Suisse Group in a research report issued to clients and investors on Tuesday. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s price objective indicates a potential upside of 51.55% from the stock’s previous close.
Other equities research analysts also recently issued research reports about the company. UBS Group restated a “neutral” rating on shares of easyJet in a research report on Wednesday, August 15th. Liberum Capital restated a “hold” rating and set a GBX 1,800 ($23.52) target price on shares of easyJet in a research report on Monday, August 6th. Sanford C. Bernstein set a GBX 1,000 ($13.07) target price on easyJet and gave the stock a “sell” rating in a research report on Tuesday. Kepler Capital Markets restated a “buy” rating and set a GBX 1,659 ($21.68) target price on shares of easyJet in a research report on Tuesday. Finally, Deutsche Bank restated a “hold” rating and set a GBX 1,440 ($18.82) target price (down previously from GBX 1,915 ($25.02)) on shares of easyJet in a research report on Wednesday, October 24th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have assigned a buy rating to the company’s stock. easyJet currently has an average rating of “Hold” and a consensus price target of GBX 1,635.69 ($21.37).
Shares of LON:EZJ traded down GBX 51.50 ($0.67) during trading on Tuesday, hitting GBX 1,110.50 ($14.51). 4,343,114 shares of the company were exchanged, compared to its average volume of 2,170,000. easyJet has a 52-week low of GBX 977.38 ($12.77) and a 52-week high of GBX 1,698.69 ($22.20).
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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