easyJet plc (EZJ) Receives Hold Rating from Deutsche Bank AG
Several other brokerages have also weighed in on EZJ. BNP Paribas reissued a neutral rating and set a GBX 1,250 ($16.44) price objective on shares of easyJet plc in a report on Tuesday, July 18th. Credit Suisse Group AG reissued an outperform rating and set a GBX 1,583 ($20.82) price objective on shares of easyJet plc in a report on Thursday, July 20th. Royal Bank Of Canada set a GBX 1,450 ($19.07) price objective on easyJet plc and gave the stock a neutral rating in a report on Thursday, July 20th. Canaccord Genuity reissued a sell rating and set a GBX 1,076 ($14.15) price objective on shares of easyJet plc in a report on Thursday, July 20th. Finally, Liberum Capital reissued a sell rating and set a GBX 1,000 ($13.15) price objective on shares of easyJet plc in a report on Monday, July 17th. Seven investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and six have given a buy rating to the company. The stock currently has a consensus rating of Hold and an average target price of GBX 1,267.73 ($16.67).
Shares of easyJet plc (LON EZJ) traded up GBX 5 ($0.07) during trading hours on Monday, hitting GBX 1,264 ($16.63). The stock had a trading volume of 1,385,362 shares, compared to its average volume of 2,140,000. easyJet plc has a one year low of GBX 906.39 ($11.92) and a one year high of GBX 1,444 ($18.99).
In other easyJet plc news, insider Andrew Findlay acquired 133 shares of the business’s stock in a transaction on Friday, September 29th. The stock was purchased at an average price of GBX 1,213 ($15.95) per share, for a total transaction of £1,613.29 ($2,121.91). In the last quarter, insiders acquired 426 shares of company stock valued at $528,205.
About easyJet plc
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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