Berenberg Bank Analysts Give easyJet (LON:EZJ) a GBX 1,150 Price Target

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.

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 (LON:EZJ)

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