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.
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