easyJet plc (OTCMKTS:ESYJY) Receives Consensus Rating of “Reduce” from Brokerages

Shares of easyJet plc (OTCMKTS:ESYJY – Get Free Report) have been assigned an average recommendation of “Reduce” from the nine ratings firms that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and one has given a buy rating to the company.

Several equities research analysts recently issued reports on the company. Sanford C. Bernstein cut easyJet from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th. Barclays restated an “overweight” rating on shares of easyJet in a research note on Monday, June 15th. Royal Bank Of Canada cut easyJet from an “outperform” rating to a “sector perform” rating in a report on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft upgraded easyJet from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. Finally, Morgan Stanley reissued an “underweight” rating on shares of easyJet in a report on Wednesday, June 24th.

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easyJet Stock Performance

Shares of OTCMKTS:ESYJY opened at $9.12 on Friday. easyJet has a 12-month low of $4.57 and a 12-month high of $9.17. The company’s 50 day moving average price is $6.59 and its two-hundred day moving average price is $6.13.

About easyJet

(Get Free Report)

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.

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