easyJet plc (EZJ) Receives GBX 1,527.88 Consensus Target Price from Analysts
easyJet plc (LON:EZJ) has received an average rating of “Hold” from the twenty-seven ratings firms that are currently covering the stock, Marketbeat reports. Two research analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have issued a buy rating on the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is GBX 1,527.88 ($19.96).
Several equities analysts have recently weighed in on the company. Sanford C. Bernstein set a GBX 1,550 ($20.25) target price on easyJet and gave the company a “neutral” rating in a research report on Tuesday, August 21st. UBS Group set a GBX 1,900 ($24.83) target price on easyJet and gave the company a “neutral” rating in a research report on Wednesday, August 8th. Citigroup upgraded easyJet to a “buy” rating and set a GBX 1,800 ($23.52) target price on the stock in a research report on Friday, August 31st. Credit Suisse Group set a GBX 2,059 ($26.90) target price on easyJet and gave the company a “buy” rating in a research report on Thursday, September 6th. Finally, Berenberg Bank assumed coverage on easyJet in a research report on Tuesday, September 18th. They issued a “sell” rating and a GBX 1,310 ($17.12) target price on the stock.
In related news, insider Andrew Findlay acquired 13,000 shares of easyJet stock in a transaction that occurred on Thursday, November 22nd. The shares were purchased at an average price of GBX 1,134 ($14.82) per share, for a total transaction of £147,420 ($192,630.34). In the last quarter, insiders have purchased 13,036 shares of company stock worth $14,788,265.
The business also recently disclosed a dividend, which will be paid on Friday, March 22nd. Investors of record on Thursday, February 28th will be given a dividend of GBX 58.60 ($0.77) per share. This is an increase from easyJet’s previous dividend of $40.90. The ex-dividend date of this dividend is Thursday, February 28th. This represents a yield of 5.28%.
easyJet Company Profile
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.
See Also: Diversification
Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.