easyJet plc (LON:EZJ) Receives GBX 646.43 Average PT from Brokerages

easyJet plc (LON:EZJ) has been assigned a consensus rating of “Hold” from the seven brokerages that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have given a buy recommendation to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is GBX 646.43.

A number of brokerages have recently issued reports on EZJ. JPMorgan Chase & Co. lifted their price objective on shares of easyJet from GBX 360 to GBX 715 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Royal Bank Of Canada increased their target price on shares of easyJet from GBX 600 to GBX 715 and gave the company a “sector perform” rating in a research report on Friday, August 21st. Finally, Deutsche Bank Aktiengesellschaft restated a “sell” rating and issued a GBX 340 target price on shares of easyJet in a research note on Tuesday, June 2nd.

easyJet Stock Performance

Shares of easyJet stock opened at GBX 670.60 on Monday. The company has a market capitalization of £5.01 billion, a PE ratio of 12.40, a P/E/G ratio of 0.59 and a beta of 1.72. The company has a 50-day simple moving average of GBX 660.08 and a two-hundred day simple moving average of GBX 510.50. easyJet has a one year low of GBX 332.60 and a one year high of GBX 683.80. The company has a debt-to-equity ratio of 82.36, a quick ratio of 1.09 and a current ratio of 1.10.

easyJet Company Profile

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.