easyJet (LON:EZJ) Given “Buy” Rating at UBS Group

UBS Group reiterated their buy rating on shares of easyJet (LON:EZJ) in a research note issued to investors on Friday morning, MarketBeat reports. The brokerage currently has a GBX 800 target price on the stock.

Several other equities research analysts have also weighed in on the company. Jefferies Financial Group reissued a “buy” rating on shares of easyJet in a report on Monday, September 22nd. Peel Hunt reiterated a “buy” rating and set a GBX 850 target price on shares of easyJet in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft lowered shares of easyJet to a “sell” rating and lowered their price target for the company from GBX 535 to GBX 465 in a research report on Thursday. Citigroup cut their price objective on shares of easyJet from GBX 520 to GBX 500 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Finally, JPMorgan Chase & Co. lowered shares of easyJet to an “underweight” rating and reduced their price objective for the company from GBX 500 to GBX 400 in a research note on Monday, December 1st. Four investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 632.50.

easyJet Trading Up 0.2%

LON:EZJ opened at GBX 485.10 on Friday. easyJet has a 12 month low of GBX 401.05 and a 12 month high of GBX 590.60. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33. The firm’s 50 day moving average is GBX 491.97 and its 200 day moving average is GBX 489.82. The stock has a market capitalization of £3.63 billion, a PE ratio of 7.50, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ) last announced its quarterly earnings data on Tuesday, November 25th. The company reported GBX 66.40 earnings per share for the quarter. easyJet had a return on equity of 13.89% and a net margin of 4.27%. Sell-side analysts expect that easyJet will post 67.3369565 earnings per share for the current year.

Insider Activity at easyJet

In other news, insider Harald Eisenächer acquired 4,000 shares of easyJet stock in a transaction that occurred on Wednesday, November 26th. The stock was bought at an average price of GBX 476 per share, with a total value of £19,040. Insiders have purchased 4,061 shares of company stock valued at $1,933,698 in the last three months. 15.15% of the stock is currently owned by company insiders.

About easyJet

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.