Liberum Capital Reaffirms “Sell” Rating for easyJet plc (LON:EZJ)

Liberum Capital reissued their sell rating on shares of easyJet plc (LON:EZJ) in a report released on Monday morning. Liberum Capital currently has a GBX 1,000 ($13.06) target price on the stock.

Other equities analysts also recently issued research reports about the stock. HSBC Holdings plc reissued a buy rating and issued a GBX 1,450 ($18.93) target price on shares of easyJet plc in a report on Wednesday, May 17th. Beaufort Securities reissued a buy rating on shares of easyJet plc in a report on Monday, May 8th. Finally, Citigroup Inc. reissued a buy rating and issued a GBX 1,400 ($18.28) target price (up previously from GBX 1,100 ($14.36)) on shares of easyJet plc in a report on Thursday, May 18th. Six research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company. The company has a consensus rating of Hold and a consensus price target of GBX 1,208.22 ($15.78).

Shares of easyJet plc (EZJ) opened at 1375.00 on Monday. The stock’s 50 day moving average is GBX 1,367.85 and its 200 day moving average is GBX 1,143.17. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,444.00. The stock’s market cap is GBX 5.40 billion.

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In other news, insider Andrew Findlay purchased 119 shares of the stock in a transaction dated Friday, June 30th. The shares were acquired at an average cost of GBX 1,363 ($17.80) per share, for a total transaction of £1,621.97 ($2,118.01). Insiders bought a total of 266 shares of company stock worth $367,928 over the last 90 days.

easyJet plc Company Profile

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet plc (LON:EZJ)

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