easyJet (EZJ) Receives Average Recommendation of “Hold” from Brokerages

easyJet (LON:EZJ) has received a consensus rating of “Hold” from the twenty-five ratings firms that are presently covering the stock, MarketBeat reports. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is GBX 1,640.60 ($22.67).

A number of research firms recently commented on EZJ. Liberum Capital reissued a “sell” rating and issued a GBX 1,100 ($15.20) target price on shares of easyJet in a research note on Wednesday, December 6th. Credit Suisse Group reissued an “outperform” rating and issued a GBX 1,803 ($24.91) target price on shares of easyJet in a research note on Tuesday, January 23rd. JPMorgan Chase increased their target price on easyJet from GBX 1,550 ($21.41) to GBX 1,800 ($24.87) and gave the company an “overweight” rating in a research note on Wednesday, January 24th. UBS set a GBX 1,660 ($22.93) target price on easyJet and gave the company a “buy” rating in a research note on Tuesday, January 23rd. Finally, Deutsche Bank increased their target price on easyJet from GBX 1,450 ($20.03) to GBX 1,560 ($21.55) and gave the company a “hold” rating in a research note on Wednesday, January 24th.

EZJ remained flat at $GBX 1,604.50 ($22.17) during trading on Wednesday. easyJet has a fifty-two week low of GBX 977.38 ($13.50) and a fifty-two week high of GBX 1,698.69 ($23.47).

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easyJet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.

Analyst Recommendations for easyJet (LON:EZJ)

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