easyJet plc (OTCMKTS:ESYJY) Receives Consensus Rating of “Hold” from Analysts

Shares of easyJet plc (OTCMKTS:ESYJY) have been given a consensus recommendation of “Hold” by the seven analysts that are covering the stock, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and three have issued a buy recommendation on the company.

Several equities analysts have recently commented on the company. JPMorgan Chase & Co. reiterated an “underweight” rating on shares of easyJet in a research report on Monday, December 1st. Sanford C. Bernstein raised easyJet from a “market perform” rating to an “outperform” rating in a research note on Friday, November 28th. Morgan Stanley initiated coverage on shares of easyJet in a research note on Wednesday, October 15th. They set an “underweight” rating on the stock. Finally, Kepler Capital Markets cut shares of easyJet from a “buy” rating to a “hold” rating in a research note on Friday, December 12th.

easyJet Price Performance

ESYJY opened at $6.79 on Tuesday. The business’s fifty day simple moving average is $6.44 and its 200 day simple moving average is $6.59. easyJet has a 52 week low of $5.19 and a 52 week high of $8.04.

easyJet Company Profile

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.