Berenberg Bank set a GBX 1,150 ($15.03) target price on easyJet (LON:EZJ) in a report published on Friday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
EZJ has been the topic of several other research reports. JPMorgan Chase & Co. lowered News from a neutral rating to an underweight rating in a research note on Thursday. UBS Group restated a neutral rating on shares of CAIXABANK/ADR in a research note on Thursday. Royal Bank of Canada restated a buy rating and set a $2.50 price target on shares of in a research note on Thursday. Liberum Capital raised their price target on Sigmaroc from GBX 59 ($0.77) to GBX 63 ($0.82) and gave the company a buy rating in a research note on Thursday. Finally, Sanford C. Bernstein set a €7.00 ($8.14) price target on Air France KLM and gave the company a sell rating in a research note on Friday. Two investment analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,192.95 ($15.59).
Shares of easyJet stock opened at GBX 1,100 ($14.37) on Friday. The stock has a market capitalization of $4.37 billion and a price-to-earnings ratio of 22.49. The company has a debt-to-equity ratio of 58.86, a quick ratio of 0.50 and a current ratio of 0.60. easyJet has a 12 month low of GBX 840 ($10.98) and a 12 month high of GBX 1,737 ($22.70). The company’s fifty day moving average price is GBX 942.44.
In related news, insider John Barton bought 11,000 shares of the business’s stock in a transaction on Thursday, May 23rd. The shares were bought at an average price of GBX 902 ($11.79) per share, for a total transaction of £99,220 ($129,648.50). Insiders acquired 11,032 shares of company stock worth $9,952,608 in the last quarter.
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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