easyJet plc (OTCMKTS:EJTTF) Receives $557.50 Consensus Target Price from Brokerages

Shares of easyJet plc (OTCMKTS:EJTTF) have been given a consensus rating of “Hold” by the thirteen ratings firms that are covering the company, Marketbeat.com reports. Three analysts have rated the stock with a sell rating, six have assigned a hold rating and four have given a buy rating to the company. The average 12-month price objective among analysts that have covered the stock in the last year is $557.50.

Several equities analysts have issued reports on EJTTF shares. Macquarie reaffirmed a “buy” rating on shares of easyJet in a report on Tuesday, April 2nd. Cantor Fitzgerald started coverage on shares of Rockwell Medical in a report on Monday, June 24th. They issued an “overweight” rating and a $11.00 price target on the stock. Cfra lowered shares of easyJet to a “hold” rating in a report on Tuesday, April 2nd. Commerzbank reaffirmed a “hold” rating and issued a $1,100.00 price target on shares of easyJet in a report on Thursday, May 23rd. Finally, HSBC lowered shares of easyJet to a “hold” rating in a report on Tuesday, April 2nd.

OTCMKTS EJTTF traded up $1.40 on Thursday, hitting $13.65. The stock had a trading volume of 2,000 shares, compared to its average volume of 1,700. The business has a fifty day moving average of $12.35. easyJet has a 52-week low of $11.35 and a 52-week high of $13.65. The company has a market capitalization of $4.86 billion, a PE ratio of 8.64 and a beta of 0.74.

About easyJet

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.

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Analyst Recommendations for easyJet (OTCMKTS:EJTTF)

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