Brokerages Set easyJet plc (LON:EZJ) Price Target at GBX 632.86

easyJet plc (LON:EZJGet Rating) has been given a consensus recommendation of “Hold” by the fourteen analysts that are covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 632.86 ($7.65).

EZJ has been the subject of a number of research reports. Sanford C. Bernstein set a GBX 750 ($9.06) price objective on shares of easyJet in a report on Monday, September 5th. HSBC set a GBX 725 ($8.76) price objective on shares of easyJet in a report on Thursday, July 7th. The Goldman Sachs Group set a GBX 606 ($7.32) price objective on shares of easyJet in a report on Monday, August 1st. UBS Group set a GBX 805 ($9.73) price objective on shares of easyJet in a report on Tuesday, August 9th. Finally, Berenberg Bank decreased their price objective on shares of easyJet from GBX 750 ($9.06) to GBX 560 ($6.77) and set a “buy” rating for the company in a report on Wednesday, July 27th.

easyJet Stock Up 1.0 %

Shares of LON:EZJ opened at GBX 358.90 ($4.34) on Thursday. The firm has a market cap of £2.72 billion and a PE ratio of -3.34. The company has a fifty day simple moving average of GBX 378.71 and a 200 day simple moving average of GBX 462.84. The company has a current ratio of 1.22, a quick ratio of 0.96 and a debt-to-equity ratio of 169.63. easyJet has a 12-month low of GBX 338.25 ($4.09) and a 12-month high of GBX 821.56 ($9.93).

Insider Buying and Selling

In related news, insider Moni Mannings acquired 2,639 shares of easyJet stock in a transaction that occurred on Friday, July 1st. The stock was acquired at an average price of GBX 377 ($4.56) per share, with a total value of £9,949.03 ($12,021.54). Insiders purchased 2,717 shares of company stock valued at $1,025,021 over the last 90 days.

easyJet Company Profile

(Get Rating)

easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its ‘easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator.

Recommended Stories

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.