easyJet (LON:EZJ) Earns Buy Rating from Jefferies Financial Group

easyJet (LON:EZJ)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research note issued to investors on Monday, Marketbeat.com reports.

Several other equities research analysts also recently commented on EZJ. Deutsche Bank Aktiengesellschaft cut their target price on shares of easyJet from GBX 600 to GBX 535 and set a “hold” rating on the stock in a research report on Friday, September 19th. JPMorgan Chase & Co. lifted their target price on shares of easyJet from GBX 670 to GBX 700 and gave the stock an “overweight” rating in a research report on Friday, July 18th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of GBX 617.50.

easyJet Stock Up 2.2%

EZJ stock opened at GBX 457.20 on Monday. The firm has a 50-day moving average price of GBX 488.90 and a 200-day moving average price of GBX 504.48. The stock has a market capitalization of £3.43 billion, a P/E ratio of 840.44, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. easyJet has a 12 month low of GBX 401.05 and a 12 month high of GBX 594. The company has a current ratio of 1.02, a quick ratio of 1.09 and a debt-to-equity ratio of 110.33.

Insider Transactions at easyJet

In related news, insider Sue Clark acquired 7,680 shares of easyJet stock in a transaction dated Thursday, September 18th. The stock was bought at an average price of GBX 459 per share, with a total value of £35,251.20. Insiders own 15.15% of the company’s stock.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service.