easyJet (LON:EZJ) Receives “Sell” Rating from Deutsche Bank Aktiengesellschaft

easyJet (LON:EZJ)‘s stock had its “sell” rating reaffirmed by analysts at Deutsche Bank Aktiengesellschaft in a research report issued on Tuesday,London Stock Exchange reports. They currently have a GBX 340 target price on the stock. Deutsche Bank Aktiengesellschaft’s price target would indicate a potential downside of 22.36% from the stock’s previous close.

Several other equities analysts have also commented on the company. UBS Group reissued a “buy” rating and set a GBX 635 price objective on shares of easyJet in a research report on Monday, May 18th. Citigroup lowered their price objective on easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 405 price objective on shares of easyJet in a research report on Monday. Finally, JPMorgan Chase & Co. lowered their price objective on easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a research report on Wednesday, April 15th. Five equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of GBX 550.

easyJet Stock Performance

Shares of easyJet stock opened at GBX 437.90 on Tuesday. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36. The firm has a market capitalization of £3.27 billion, a P/E ratio of 6.77, a P/E/G ratio of 0.59 and a beta of 1.71. The business has a fifty day simple moving average of GBX 366.40 and a two-hundred day simple moving average of GBX 436.02. easyJet has a 12 month low of GBX 332.60 and a 12 month high of GBX 590.60.

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

About easyJet

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.