UBS Group set a GBX 1,060 ($13.85) price target on easyJet (LON:EZJ) in a research note issued to investors on Thursday, Borsen Zeitung reports. The brokerage currently has a buy rating on the stock.
Other research analysts also recently issued reports about the stock. Liberum Capital reissued an under review rating on shares of easyJet in a research report on Thursday, June 25th. Goldman Sachs Group set a GBX 545 ($7.12) price objective on shares of easyJet and gave the company a sell rating in a research report on Wednesday, June 24th. Societe Generale boosted their target price on shares of easyJet from GBX 710 ($9.28) to GBX 880 ($11.50) and gave the company a hold rating in a report on Friday, July 3rd. Sanford C. Bernstein set a GBX 1,100 ($14.37) target price on shares of easyJet and gave the company a buy rating in a report on Wednesday, June 17th. Finally, JPMorgan Chase & Co. set a GBX 660 ($8.62) target price on shares of easyJet and gave the company a neutral rating in a report on Friday, August 14th. Three research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and an average target price of GBX 900.68 ($11.77).
Shares of LON EZJ opened at GBX 539.60 ($7.05) on Thursday. The company has a quick ratio of 0.47, a current ratio of 0.55 and a debt-to-equity ratio of 88.67. easyJet has a 52 week low of GBX 410 ($5.36) and a 52 week high of GBX 1,570 ($20.51). The firm’s fifty day moving average is GBX 585.55 and its 200 day moving average is GBX 653.68. The company has a market cap of $2.46 billion and a price-to-earnings ratio of 8.82.
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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