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Liberum Capital reissued their hold rating on shares of easyJet (LON:EZJ) in a report published on Thursday, July 18th, ThisIsMoney.Co.Uk reports.
EZJ has been the topic of a number of other research reports. JPMorgan Chase & Co. raised shares of ROYAL MAIL PLC/ADR from an underweight rating to a neutral rating in a report on Monday, June 3rd. Oddo Securities cut shares of easyJet to a reduce rating and cut their target price for the stock from GBX 1,170 ($15.29) to GBX 1,050 ($13.72) in a research report on Tuesday, July 9th. HSBC lowered shares of to a reduce rating and dropped their price target for the stock from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research report on Wednesday, June 19th. Commerzbank decreased their price objective on shares of easyJet from GBX 1,250 ($16.33) to GBX 1,100 ($14.37) and set a hold rating for the company in a research note on Wednesday, May 22nd. Finally, Berenberg Bank reiterated a hold rating and set a GBX 900 ($11.76) price objective on shares of WPP in a research note on Friday, July 12th. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus target price of GBX 1,192.95 ($15.59).
EZJ stock traded down GBX 46 ($0.60) during midday trading on Thursday, hitting GBX 1,027 ($13.42). The company’s stock had a trading volume of 1,409,926 shares, compared to its average volume of 2,170,000. easyJet has a 52-week low of GBX 840 ($10.98) and a 52-week high of GBX 1,636.50 ($21.38). The firm has a 50-day moving average of GBX 969.06. The company has a market cap of $4.06 billion and a price-to-earnings ratio of 21.00. The company has a quick ratio of 0.50, a current ratio of 0.60 and a debt-to-equity ratio of 58.86.
In other easyJet news, insider John Barton purchased 11,000 shares of the firm’s stock in a transaction on Thursday, May 23rd. The shares were purchased at an average price of GBX 902 ($11.79) per share, for a total transaction of £99,220 ($129,648.50). Insiders have acquired 11,032 shares of company stock worth $9,952,608 in the last quarter.
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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