Investec upgraded shares of easyJet plc (LON:EZJ) to a buy rating in a research report released on Wednesday. The brokerage currently has GBX 1,600 ($21.04) price objective on the stock, up from their previous price objective of GBX 1,400 ($18.41).

Several other equities analysts also recently commented on EZJ. Liberum Capital reissued a sell rating and issued a GBX 1,100 ($14.47) price objective on shares of easyJet in a research note on Friday, August 4th. Beaufort Securities reissued a buy rating on shares of easyJet in a research note on Friday, August 4th. UBS AG reissued a buy rating on shares of easyJet in a research note on Monday, August 7th. Barclays PLC set a GBX 1,185 ($15.59) price objective on shares of easyJet and gave the company a neutral rating in a research note on Wednesday, August 9th. Finally, Deutsche Bank AG reissued a hold rating and issued a GBX 1,310 ($17.23) price objective on shares of easyJet in a research note on Thursday, August 10th. Seven equities research analysts have rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,308.96 ($17.22).

easyJet (LON:EZJ) opened at GBX 1,368.24 ($18.00) on Wednesday. easyJet has a 52 week low of GBX 906.39 ($11.92) and a 52 week high of GBX 1,444 ($18.99).

In other news, insider Andrew Findlay bought 135 shares of the stock in a transaction that occurred on Thursday, August 31st. The stock was acquired at an average price of GBX 1,195 ($15.72) per share, with a total value of £1,613.25 ($2,121.86). Insiders have purchased 426 shares of company stock valued at $528,205 in the last three months.

COPYRIGHT VIOLATION WARNING: “easyJet plc (EZJ) Upgraded to Buy by Investec” was published by Watch List News and is owned by of Watch List News. If you are accessing this piece on another domain, it was stolen and republished in violation of US & international copyright & trademark laws. The original version of this piece can be read at https://www.watchlistnews.com/easyjet-plc-ezj-upgraded-to-buy-by-investec/1727069.html.

easyJet 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.

Analyst Recommendations for easyJet (LON:EZJ)

Receive News & Ratings for easyJet plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet plc and related companies with Analyst Ratings Network's FREE daily email newsletter.