easyJet (LON:EZJ) had its price objective raised by Main First Bank from GBX 950 ($12.41) to GBX 1,400 ($18.29) in a research note published on Friday, Stock Target Advisor reports. The brokerage currently has a neutral rating on the stock.
EZJ has been the topic of a number of other research reports. Barclays raised easyJet to an equal weight rating and upped their price target for the company from GBX 1,100 ($14.37) to GBX 1,250 ($16.33) in a research report on Wednesday, November 20th. HSBC upped their price objective on shares of easyJet from GBX 1,450 ($18.95) to GBX 1,500 ($19.60) and gave the company a buy rating in a report on Wednesday, November 20th. Credit Suisse Group reaffirmed an outperform rating and set a GBX 1,546 ($20.20) price objective (up from GBX 1,431 ($18.70)) on shares of easyJet in a report on Friday, November 29th. Deutsche Bank reiterated a neutral rating and set a GBX 1,150 ($15.03) target price on shares of easyJet in a research report on Wednesday, November 20th. Finally, Societe Generale lifted their target price on shares of easyJet from GBX 1,000 ($13.07) to GBX 1,280 ($16.73) and gave the stock a sell rating in a research note on Friday, November 29th. Four equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and four have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 1,267.90 ($16.57).
LON:EZJ traded up GBX 28 ($0.37) during trading hours on Friday, reaching GBX 1,388 ($18.14). The stock had a trading volume of 1,035,699 shares, compared to its average volume of 2,170,000. The company has a debt-to-equity ratio of 63.95, a quick ratio of 0.65 and a current ratio of 0.79. The stock has a 50 day simple moving average of GBX 1,293.72 and a 200 day simple moving average of GBX 1,068.72. easyJet has a 12-month low of GBX 840 ($10.98) and a 12-month high of GBX 1,395.17 ($18.23). The stock has a market cap of $5.51 billion and a P/E ratio of 15.81.
easyJet Company Profile
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.
Featured Article: Should you buy a closed-end mutual fund?
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.