Brokerages Set Jet2 plc (LON:JET2) PT at GBX 1,851.17

Shares of Jet2 plc (LON:JET2Get Free Report) have received an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is GBX 1,851.17.

Several brokerages recently issued reports on JET2. Jefferies Financial Group reissued a “buy” rating and set a GBX 2,100 target price on shares of Jet2 in a research note on Monday, March 23rd. Deutsche Bank Aktiengesellschaft cut their target price on shares of Jet2 from GBX 1,596 to GBX 1,457 and set a “buy” rating on the stock in a research note on Friday, March 20th.

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More Jet2 News

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Insider Buying and Selling

In related news, insider Stephen Heapy bought 2,349 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were acquired at an average cost of GBX 766 per share, with a total value of £17,993.34. Also, insider Rachel Kentleton bought 1,638 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were bought at an average cost of GBX 1,306 per share, for a total transaction of £21,392.28. Insiders have purchased a total of 6,336 shares of company stock valued at $5,737,896 over the last ninety days. 21.50% of the stock is owned by corporate insiders.

Jet2 Stock Down 1.0%

Shares of LON JET2 opened at GBX 1,184 on Friday. The firm has a market cap of £2.16 billion, a PE ratio of 5.06, a P/E/G ratio of 9.34 and a beta of 1.22. Jet2 has a 12-month low of GBX 1,029 and a 12-month high of GBX 1,963. The company’s fifty day simple moving average is GBX 1,183.09 and its 200 day simple moving average is GBX 1,285.68. The company has a quick ratio of 1.49, a current ratio of 1.40 and a debt-to-equity ratio of 61.57.

About Jet2

(Get Free Report)

Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK’s largest package holiday provider, Jet2holidays.
Jet2.com is the UK’s third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK’s largest tour operator.

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Analyst Recommendations for Jet2 (LON:JET2)

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