Deutsche Bank AG Reiterates Hold Rating for easyJet plc (LON:EZJ)

easyJet plc (LON:EZJ)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank AG in a research report issued on Tuesday. They currently have a GBX 1,290 ($16.85) target price on the stock. Deutsche Bank AG’s price target points to a potential downside of 9.85% from the company’s current price.

EZJ has been the subject of several other reports. HSBC Holdings plc reaffirmed a “buy” rating and issued a GBX 1,250 ($16.32) target price on shares of easyJet plc in a research report on Tuesday, April 18th. Beaufort Securities reaffirmed a “buy” rating on shares of easyJet plc in a research report on Monday, May 8th. Liberum Capital reaffirmed a “sell” rating and issued a GBX 825 ($10.77) target price on shares of easyJet plc in a research report on Friday, May 5th. BNP Paribas raised their target price on shares of easyJet plc from GBX 880 ($11.49) to GBX 970 ($12.67) and gave the stock a “neutral” rating in a research report on Tuesday, April 11th. Finally, J P Morgan Chase & Co raised their target price on shares of easyJet plc from GBX 875 ($11.43) to GBX 1,210 ($15.80) and gave the stock an “underweight” rating in a research report on Wednesday, May 31st. Six investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and nine have issued a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 1,208.22 ($15.78).

easyJet plc (LON EZJ) opened at 1409.00 on Tuesday. The company has a 50-day moving average of GBX 1,334.63 and a 200 day moving average of GBX 1,106.75. easyJet plc has a 12-month low of GBX 851.00 and a 12-month high of GBX 1,440.00. The firm’s market cap is GBX 5.54 billion.

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In other news, insider Andrew Findlay purchased 115 shares of the stock in a transaction on Wednesday, May 31st. The shares were acquired at an average price of GBX 1,411 ($18.43) per share, with a total value of £1,622.65 ($2,118.90). Insiders have acquired 266 shares of company stock worth $367,928 in the last ninety days.

easyJet plc 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 plc (LON:EZJ)

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