easyJet plc (EZJ) Rating Reiterated by Liberum Capital
easyJet plc (LON:EZJ)‘s stock had its “sell” rating reiterated by investment analysts at Liberum Capital in a report issued on Wednesday. They presently have a GBX 1,100 ($14.28) target price on the stock. Liberum Capital’s price objective indicates a potential downside of 16.79% from the stock’s current price.
EZJ has been the subject of a number of other research reports. HSBC Holdings plc reaffirmed a “buy” rating and set a GBX 1,250 ($16.23) price target on shares of easyJet plc in a research report on Tuesday, April 18th. Beaufort Securities reissued a “buy” rating on shares of easyJet plc in a research report on Monday, May 8th. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,150 ($14.93) target price on shares of easyJet plc in a research report on Monday, July 17th. J P Morgan Chase & Co increased their target price on easyJet plc from GBX 875 ($11.36) to GBX 1,210 ($15.71) and gave the stock an “underweight” rating in a research report on Wednesday, May 31st. Finally, Citigroup Inc. reissued a “buy” rating and issued a GBX 1,400 ($18.17) target price (up previously from GBX 1,100 ($14.28)) on shares of easyJet plc in a research report on Thursday, May 18th. Six research analysts have rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the company. easyJet plc currently has an average rating of “Hold” and a consensus price target of GBX 1,255.38 ($16.30).
Shares of easyJet plc (LON EZJ) opened at 1322.00 on Wednesday. The company’s market capitalization is GBX 5.20 billion. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,444.00. The firm has a 50-day moving average price of GBX 1,328.61 and a 200-day moving average price of GBX 1,175.65.
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In other easyJet plc news, insider Andrew Findlay bought 115 shares of the business’s stock in a transaction on Wednesday, May 31st. The shares were acquired at an average cost of GBX 1,411 ($18.32) per share, for a total transaction of £1,622.65 ($2,106.52). Over the last quarter, insiders have acquired 395 shares of company stock worth $530,609.
easyJet plc Company Profile
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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