easyJet’s (EZJ) Outperform Rating Reaffirmed at Royal Bank Of Canada

easyJet (LON:EZJGet Free Report)‘s stock had its “outperform” rating reiterated by equities researchers at Royal Bank Of Canada in a report issued on Monday,London Stock Exchange reports. They currently have a GBX 405 price objective on the stock. Royal Bank Of Canada’s price objective would indicate a potential downside of 6.88% from the company’s current price.

Other equities analysts have also recently issued research reports about the company. UBS Group reiterated a “buy” rating and set a GBX 635 target price on shares of easyJet in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft dropped their target price on easyJet from GBX 465 to GBX 340 and set a “sell” rating on the stock in a research report on Thursday, March 19th. JPMorgan Chase & Co. dropped their target price on easyJet from GBX 400 to GBX 350 and set an “underweight” rating on the stock in a research report on Wednesday, April 15th. Finally, Citigroup decreased their price target on easyJet from GBX 500 to GBX 490 and set a “neutral” rating on the stock in a research note on Monday, February 2nd. Five investment analysts have rated the stock with a Buy rating, one has given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, easyJet presently has an average rating of “Hold” and an average price target of GBX 550.

View Our Latest Stock Report on EZJ

easyJet Stock Performance

LON EZJ opened at GBX 434.90 on Monday. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36. The business’s 50 day moving average is GBX 364.65 and its two-hundred day moving average is GBX 436.30. easyJet has a 12-month low of GBX 332.60 and a 12-month high of GBX 590.60. The stock has a market capitalization of £3.25 billion, a price-to-earnings ratio of 6.72, a PEG ratio of 0.59 and a beta of 1.71.

easyJet (LON:EZJGet Free Report) last released its earnings results on Thursday, May 21st. The company reported GBX (50.10) earnings per share (EPS) for the quarter. easyJet had a return on equity of 11.57% and a net margin of 3.93%.The business had revenue of GBX 395 million for the quarter. Research analysts expect that easyJet will post 67.3369565 EPS for the current year.

About easyJet

(Get Free Report)

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.

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Analyst Recommendations for easyJet (LON:EZJ)

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