easyJet plc (EZJ) Upgraded to Buy by Investec
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.
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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.
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