Several other brokerages have also weighed in on EZJ. J P Morgan Chase & Co reiterated an underweight rating and set a GBX 875 ($11.33) price objective on shares of easyJet plc in a report on Wednesday, May 17th. Canaccord Genuity downgraded shares of easyJet plc to a sell rating and boosted their target price for the stock from GBX 1,010 ($13.08) to GBX 1,076 ($13.94) in a research report on Wednesday, May 17th. Liberum Capital boosted their target price on shares of easyJet plc from GBX 825 ($10.69) to GBX 1,000 ($12.95) and gave the stock a sell rating in a research report on Wednesday, May 24th. Goldman Sachs Group, Inc. (The) downgraded shares of easyJet plc to a neutral rating and boosted their target price for the stock from GBX 970 ($12.56) to GBX 1,300 ($16.84) in a research report on Friday, June 16th. Finally, HSBC Holdings plc boosted their target price on shares of easyJet plc from GBX 1,250 ($16.19) to GBX 1,450 ($18.78) and gave the stock a buy rating in a research report on Wednesday, May 10th. Six analysts have rated the stock with a sell rating, ten have assigned a hold rating and eight have issued a buy rating to the stock. easyJet plc presently has an average rating of Hold and an average price target of GBX 1,192.45 ($15.45).
Shares of easyJet plc (LON:EZJ) traded down 0.35% during mid-day trading on Friday, reaching GBX 1414.00. The company had a trading volume of 2,890,471 shares. The stock has a 50 day moving average of GBX 1,334.63 and a 200-day moving average of GBX 1,106.75. The firm’s market capitalization is GBX 5.56 billion. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,440.00.
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In other news, insider Andrew Findlay bought 119 shares of the stock in a transaction on Friday, June 30th. The shares were acquired at an average cost of GBX 1,363 ($17.66) per share, for a total transaction of £1,621.97 ($2,101.00). Insiders acquired a total of 256 shares of company stock worth $353,568 over the last quarter.
easyJet plc Company Profile
easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.
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