Related Articles
easyJet (LON:EZJ)‘s stock had its “hold” rating reiterated by research analysts at Deutsche Bank in a note issued to investors on Friday, July 12th, ThisIsMoney.Co.Uk reports.
Several other brokerages also recently commented on EZJ. Sanford C. Bernstein set a GBX 1,000 ($13.07) price target on easyJet and gave the company a “neutral” rating in a report on Friday, May 17th. Liberum Capital reiterated a “sell” rating on shares of Marks and Spencer Group in a report on Friday, May 24th. JPMorgan Chase & Co. upgraded ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a report on Monday, June 3rd. Oddo Securities downgraded easyJet to a “reduce” rating and lowered their price target for the company from GBX 1,170 ($15.29) to GBX 1,050 ($13.72) in a report on Tuesday, July 9th. Finally, Berenberg Bank reiterated a “hold” rating and set a GBX 900 ($11.76) price target on shares of WPP in a report on Friday, July 12th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the stock. easyJet presently has a consensus rating of “Hold” and a consensus target price of GBX 1,192.95 ($15.59).
Shares of EZJ opened at GBX 1,030.50 ($13.47) on Friday. easyJet has a twelve month low of GBX 840 ($10.98) and a twelve month high of GBX 1,636.50 ($21.38). The company has a debt-to-equity ratio of 58.86, a quick ratio of 0.50 and a current ratio of 0.60. The company’s 50 day simple moving average is GBX 971.46. The company has a market capitalization of $4.09 billion and a price-to-earnings ratio of 21.07.
In other news, insider John Barton bought 11,000 shares of easyJet stock in a transaction that occurred on Thursday, May 23rd. The stock was purchased at an average cost of GBX 902 ($11.79) per share, with a total value of £99,220 ($129,648.50). Over the last ninety days, insiders purchased 11,032 shares of company stock valued at $9,952,608.
easyJet Company Profile
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.
Further Reading: How does equity income fit into an investing strategy?
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.
Source link
