Credit Suisse Group reissued their buy rating on shares of easyJet (OTCMKTS:EJTTF) in a research report report published on Wednesday morning, AnalystRatings.com reports. The firm currently has a $12.06 target price on the stock.
Several other brokerages have also commented on EJTTF. Sanford C. Bernstein restated a hold rating and set a $10.00 price target on shares of easyJet in a research note on Wednesday. HSBC restated a hold rating and set a $10.00 price target on shares of easyJet in a research note on Monday, September 16th. Societe Generale lowered easyJet to a sell rating in a research note on Friday, July 26th. Commerzbank restated a hold rating and set a $1,100.00 price target on shares of easyJet in a research note on Thursday, May 23rd. Finally, Cantor Fitzgerald restated a buy rating and set a $15.00 price target on shares of easyJet in a research note on Monday, June 24th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the company’s stock. The stock has an average rating of Hold and an average price target of $194.01.
easyJet stock opened at $11.50 on Wednesday. The firm has a market capitalization of $4.57 billion, a price-to-earnings ratio of 7.28 and a beta of 0.83. The firm has a fifty day simple moving average of $11.50. easyJet has a 52 week low of $11.35 and a 52 week high of $13.65.
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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