Jet2 (LON:JET2) Sets New 12-Month High at $1,450.00

Shares of Jet2 plc (LON:JET2) reached a new 52-week high on Tuesday . The company traded as high as GBX 1,450 ($18.32) and last traded at GBX 1,415.20 ($17.88), with a volume of 6053 shares trading hands. The stock had previously closed at GBX 1,412 ($17.84).

Wall Street Analyst Weigh In

A number of research firms recently weighed in on JET2. Canaccord Genuity Group raised their price objective on Jet2 from GBX 1,850 ($23.38) to GBX 1,900 ($24.01) and gave the company a “buy” rating in a research report on Thursday, February 15th. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 1,800 ($22.75) price objective on shares of Jet2 in a research report on Friday, February 16th.

Jet2 Trading Up 0.1 %

The firm has a market cap of £3.05 billion, a P/E ratio of 777.60, a price-to-earnings-growth ratio of 9.34 and a beta of 2.26. The stock has a fifty day simple moving average of GBX 1,369.43 and a 200 day simple moving average of GBX 1,224.64. The company has a debt-to-equity ratio of 87.09, a quick ratio of 1.49 and a current ratio of 1.62.

About Jet2

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.