Shares of easyJet plc (LON:EZJ – Get Free Report) hit a new 52-week high on Wednesday. The stock traded as high as GBX 688.60 and last traded at GBX 688.60, with a volume of 1,923,946 shares changing hands. The stock had previously closed at GBX 679.80.
Wall Street Analyst Weigh In
A number of brokerages recently commented on EZJ. Royal Bank Of Canada upped their target price on easyJet from GBX 600 to GBX 715 and gave the company a “sector perform” rating in a report on Friday, August 21st. JPMorgan Chase & Co. upped their target price on shares of easyJet from GBX 360 to GBX 715 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Three equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 646.43.
Read Our Latest Stock Analysis on easyJet
easyJet Stock Performance
The business has a 50-day moving average of GBX 675.42 and a 200 day moving average of GBX 529.34. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09. The company has a market cap of £5.11 billion, a PE ratio of 12.64, a PEG ratio of 0.59 and a beta of 1.67.
easyJet Company Profile
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.
Read More
- Five stocks we like better than easyJet
- Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Amazon Has Erased Its Earnings Sell-Off, But Is the Biggest Opportunity Still Ahead?
- onsemi’s AI Sales Surge 175%: Is a Stock Recovery Next?
- Energy Transfer’s Earnings Miss May Be Hiding Its Strongest Advantage
Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.
