Morgan Stanley upgraded shares of easyJet (LON:EZJ) to an overweight rating in a report released on Friday. They currently have GBX 1,725 ($23.39) price target on the stock, up from their prior price target of GBX 1,490 ($20.21).

Several other equities research analysts have also commented on EZJ. Liberum Capital reiterated a sell rating and set a GBX 1,100 ($14.92) price objective on shares of easyJet in a research note on Friday, September 22nd. Royal Bank of Canada set a GBX 1,300 ($17.63) price target on easyJet and gave the company a neutral rating in a research report on Monday, September 25th. UBS Group set a GBX 1,465 ($19.87) price target on easyJet and gave the company a buy rating in a research report on Tuesday, September 26th. Credit Suisse Group restated an outperform rating and issued a GBX 1,583 ($21.47) price target on shares of easyJet in a research report on Thursday, September 28th. Finally, Societe Generale restated a sell rating and issued a GBX 1,050 ($14.24) price target on shares of easyJet in a research report on Thursday, September 28th. Four equities research analysts have rated the stock with a sell rating, ten have given a hold rating and eleven have assigned a buy rating to the stock. easyJet has an average rating of Hold and an average price target of GBX 1,409.04 ($19.11).

easyJet (LON:EZJ) traded down GBX 15.50 ($0.21) during trading hours on Friday, reaching GBX 1,569 ($21.28). The company’s stock had a trading volume of 1,716,263 shares, compared to its average volume of 2,060,000. easyJet has a 52 week low of GBX 906.39 ($12.29) and a 52 week high of GBX 1,589 ($21.55). The stock has a market cap of $6,270.00 and a price-to-earnings ratio of 2,092.00.

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

In related news, insider Andrew Findlay acquired 113 shares of easyJet stock in a transaction dated Friday, December 22nd. The shares were acquired at an average cost of GBX 1,435 ($19.46) per share, for a total transaction of £1,621.55 ($2,199.01). Also, insider Johan Lundgren acquired 20,000 shares of easyJet stock in a transaction dated Wednesday, December 6th. The stock was bought at an average price of GBX 1,442 ($19.56) per share, for a total transaction of £288,400 ($391,103.88). Over the last quarter, insiders bought 20,371 shares of company stock worth $29,353,602.

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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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