easyjet (OTCMKTS:EJTTF) Downgraded by UBS Group to “Hold”

easyjet (OTCMKTS:EJTTFGet Free Report) was downgraded by research analysts at UBS Group from a “strong-buy” rating to a “hold” rating in a research note issued to investors on Tuesday,Zacks.com reports.

Separately, Sanford C. Bernstein downgraded easyjet from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, easyjet currently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on easyjet

easyjet Price Performance

OTCMKTS EJTTF opened at $6.98 on Tuesday. The stock has a 50-day simple moving average of $5.45 and a 200 day simple moving average of $5.84. easyjet has a twelve month low of $4.59 and a twelve month high of $7.24.

easyjet Company Profile

(Get Free Report)

easyJet plc is a UK-based low-cost airline known for operating scheduled point-to-point flights across Europe, Turkey, North Africa and select destinations in the Middle East. Trading under the symbol EJTTF on the OTC Markets, the company offers no-frills air travel with a focus on affordable fares and ancillary revenues from services such as seat selection, in-flight catering and checked baggage.

Founded in 1995 by Stelios Haji-Ioannou and commencing operations in 1996, easyJet pioneered the low-cost carrier model in Europe, targeting both leisure and business travelers with a streamlined cost structure and high aircraft utilization.

Further Reading

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