easyJet plc (EZJ) Price Target Raised to GBX 1,550
easyJet plc (LON:EZJ) had its price target increased by HSBC Holdings PLC from GBX 1,500 ($19.73) to GBX 1,550 ($20.39) in a research report released on Wednesday morning. They currently have a buy rating on the stock.
EZJ has been the subject of a number of other reports. reaffirmed a buy rating and set a GBX 1,500 ($19.73) price target on shares of easyJet in a research report on Thursday, October 19th. Liberum Capital reaffirmed a sell rating and set a GBX 1,100 ($14.47) price target on shares of easyJet in a research report on Wednesday, September 6th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 1,583 ($20.82) price target on shares of easyJet in a research report on Thursday, September 14th. J P Morgan Chase & Co reaffirmed an underweight rating and set a GBX 1,380 ($18.15) price target on shares of easyJet in a research report on Monday, October 9th. Finally, Numis Securities Ltd cut shares of easyJet to a sell rating in a research report on Monday, October 16th. Seven equities research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have assigned a buy rating to the company. The company has an average rating of Hold and a consensus target price of GBX 1,308.96 ($17.22).
Shares of easyJet (EZJ) opened at GBX 1,365 ($17.95) on Wednesday. easyJet has a 12-month low of GBX 906.39 ($11.92) and a 12-month high of GBX 1,444 ($18.99).
In related news, insider Andrew Findlay bought 135 shares of the business’s stock in a transaction dated Thursday, August 31st. The shares were acquired at an average price of GBX 1,195 ($15.72) per share, for a total transaction of £1,613.25 ($2,121.86). In the last 90 days, insiders bought 426 shares of company stock worth $528,205.
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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.
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