UBS Group set a GBX 1,080 ($14.11) target price on easyJet (LON:EZJ) in a report issued on Thursday, July 18th, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Other research analysts have also issued reports about the company. Barclays set a $330.00 target price on Thermo Fisher Scientific and gave the stock a buy rating in a report on Monday, July 15th. Berenberg Bank reiterated a hold rating and set a GBX 900 ($11.76) target price on shares of WPP in a report on Friday, July 12th. Oddo Securities downgraded easyJet to a reduce rating and dropped their price target for the company from GBX 1,170 ($15.29) to GBX 1,050 ($13.72) in a research note on Tuesday, July 9th. JPMorgan Chase & Co. raised ROYAL MAIL PLC/ADR from an underweight rating to a neutral rating in a research note on Monday, June 3rd. Finally, Morgan Stanley set a $70.00 price target on Edison International and gave the company a hold rating in a research note on Monday, July 15th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of GBX 1,192.95 ($15.59).
LON EZJ opened at GBX 1,030.50 ($13.47) on Thursday. The company has a fifty day moving average price of GBX 971.46. The firm has a market cap of $4.09 billion and a PE ratio of 21.07. easyJet has a 52 week low of GBX 840 ($10.98) and a 52 week high of GBX 1,636.50 ($21.38). The company has a debt-to-equity ratio of 58.86, a current ratio of 0.60 and a quick ratio of 0.50.
In other easyJet news, insider John Barton purchased 11,000 shares of the stock in a transaction on Thursday, May 23rd. The shares were purchased at an average price of GBX 902 ($11.79) per share, with a total value of £99,220 ($129,648.50). In the last three months, insiders have acquired 11,032 shares of company stock worth $9,952,608.
About easyJet
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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