Oddo Securities Upgrades easyJet (EZJ) to “Buy”
easyJet (LON:EZJ) was upgraded by equities research analysts at Oddo Securities to a “buy” rating in a research note issued on Tuesday. The firm currently has a GBX 2,100 ($29.01) target price on the stock, up from their prior target price of GBX 1,250 ($17.27). Oddo Securities’ target price would suggest a potential upside of 28.21% from the stock’s previous close.
EZJ has been the subject of a number of other research reports. Liberum Capital restated a “sell” rating and set a GBX 1,100 ($15.20) price objective on shares of easyJet in a report on Monday, November 6th. Morgan Stanley upgraded shares of easyJet to an “overweight” rating and raised their price objective for the stock from GBX 1,490 ($20.59) to GBX 1,725 ($23.83) in a report on Friday, January 19th. reiterated a “buy” rating and issued a GBX 1,500 ($20.72) target price on shares of easyJet in a research note on Thursday, October 19th. JPMorgan Chase & Co. reiterated a “sell” rating on shares of easyJet in a research note on Tuesday, October 24th. Finally, Redburn Partners reiterated a “buy” rating and issued a GBX 1,900 ($26.25) target price on shares of easyJet in a research note on Monday, November 27th. Two analysts have rated the stock with a sell rating, eleven have assigned a hold rating and twelve have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,574.08 ($21.75).
Shares of easyJet (LON:EZJ) opened at GBX 1,638 ($22.63) on Tuesday. easyJet has a 1-year low of GBX 906.39 ($12.52) and a 1-year high of GBX 1,695.67 ($23.43). The stock has a market cap of $6,510.00 and a PE ratio of 2,184.00.
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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