easyJet (EZJ) PT Set at GBX 1,400 by Cfra

easyJet (LON:EZJ) received a GBX 1,400 ($18.29) target price from equities research analysts at Cfra in a research report issued to clients and investors on Wednesday. The firm currently has a “buy” rating on the stock. Cfra’s price target suggests a potential upside of 19.15% from the stock’s previous close.

Several other brokerages also recently weighed in on EZJ. Sanford C. Bernstein set a GBX 1,550 ($20.25) target price on easyJet and gave the company a “neutral” rating in a research note on Tuesday, August 21st. UBS Group set a GBX 1,900 ($24.83) target price on easyJet and gave the company a “neutral” rating in a research note on Wednesday, August 8th. Liberum Capital restated a “hold” rating and set a GBX 1,800 ($23.52) target price on shares of easyJet in a research note on Monday, August 6th. Citigroup upgraded easyJet to a “buy” rating and set a GBX 1,800 ($23.52) target price for the company in a research note on Friday, August 31st. Finally, Credit Suisse Group set a GBX 2,059 ($26.90) target price on easyJet and gave the company a “buy” rating in a research note on Thursday, September 6th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and twelve have issued a buy rating to the company’s stock. easyJet presently has a consensus rating of “Hold” and a consensus price target of GBX 1,594.32 ($20.83).

Shares of easyJet stock opened at GBX 1,175 ($15.35) on Wednesday. easyJet has a 1-year low of GBX 977.38 ($12.77) and a 1-year high of GBX 1,698.69 ($22.20).

In related news, insider Andrew Findlay purchased 13,000 shares of easyJet stock in a transaction dated Thursday, November 22nd. The shares were acquired at an average price of GBX 1,134 ($14.82) per share, with a total value of £147,420 ($192,630.34). Insiders have bought 13,036 shares of company stock worth $14,788,265 in the last ninety days.

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.

Read More: What is a balanced fund?

Analyst Recommendations for easyJet (LON:EZJ)

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.

Leave a Reply