easyJet plc (OTCMKTS:ESYJY) Given Average Recommendation of “Hold” by Analysts

easyJet plc (OTCMKTS:ESYJY) has been assigned an average rating of “Hold” from the eight brokerages that are presently covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have given a buy rating to the company.

ESYJY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft lowered easyJet from a “hold” rating to a “sell” rating in a research report on Thursday, January 15th. Kepler Capital Markets lowered easyJet from a “buy” rating to a “hold” rating in a research report on Friday, December 12th. Finally, Citigroup upgraded easyJet from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 11th.

easyJet Price Performance

easyJet stock opened at $4.90 on Thursday. The company’s 50 day simple moving average is $5.89 and its 200 day simple moving average is $6.24. easyJet has a fifty-two week low of $4.61 and a fifty-two week high of $8.04.

About easyJet

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.