Shares of Jet2 plc (LON:JET2 – Get 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.
More Jet2 News
- Positive Sentiment: Jet2 confirmed a free baggage rule for families travelling this spring and summer, a customer-friendly policy that may support bookings and reduce cancellation churn. Jet2 confirms free baggage rule for families
- Positive Sentiment: Jet2 published updated guidance on rules for flying with children and babies — clarity that can reduce customer queries and support smoother operations during peak season. Latest Jet2 rules for flying with children and babies
- Neutral Sentiment: Jet2 is emailing customers with flights booked for June–August and saying it will be in touch about bookings — a widespread communications push that signals active management of summer capacity but is not itself confirmation of cancellations. Jet2 emailing everyone who has flights booked for June, July, August
- Neutral Sentiment: Travel guidance pieces (including advice after longer queues at European airports) are raising awareness of potential delays industry‑wide — this affects sentiment for all carriers but isn’t unique to Jet2. Ryanair, Jet2 and EasyJet advice after European airports hit with longer queues
- Negative Sentiment: Jet fuel supply disruption has led to targeted updates for flights (including Stansted), raising the risk of delays, cancellations and higher fuel/logistical costs over the critical summer period. That operational risk is likely weighing on the share price. Jet2 issues update on Stansted flights amid fuel disruption
- Negative Sentiment: Jet2 has issued broader “disruption” messages to holidaymakers and warned customers it will be in touch about affected bookings; combined with reports of a new 14‑day rule for travellers, this raises cancellation/refund risk and potential revenue hit if bookings are changed. Jet2 issues holiday bookings ‘disruption’ message to passengers
- Negative Sentiment: Coverage about a new 14‑day rule affecting UK travellers has spooked some passengers and could suppress near‑term demand or complicate operations if it requires additional service changes. Jet2 passengers concerned as new 14-day rule announced for all Brits
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
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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