easyjet (OTCMKTS:EJTTF) Upgraded by Zacks Research to “Hold” Rating

easyjet (OTCMKTS:EJTTFGet Free Report) was upgraded by investment analysts at Zacks Research to a “hold” rating in a report released on Wednesday,Zacks.com reports.

Several other brokerages also recently issued reports on EJTTF. UBS Group downgraded shares of easyjet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Sanford C. Bernstein downgraded shares of easyjet from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Check Out Our Latest Stock Report on easyjet

easyjet Price Performance

Shares of easyjet stock opened at $8.16 on Wednesday. The firm’s fifty day simple moving average is $5.83 and its 200-day simple moving average is $5.90. easyjet has a 12 month low of $4.59 and a 12 month high of $8.23.

About easyjet

(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.

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