easyJet plc (LON:EZJ) had its target price increased by analysts at HSBC Holdings plc from GBX 1,550 ($20.24) to GBX 1,600 ($20.89) in a research report issued on Friday. The firm presently has a “buy” rating on the stock. HSBC Holdings plc’s price target indicates a potential upside of 19.94% from the company’s current price.
EZJ has been the subject of several other reports. Barclays PLC reiterated an “equal weight” rating and set a GBX 1,150 ($15.02) price objective on shares of easyJet plc in a research report on Monday. Royal Bank Of Canada upgraded shares of easyJet plc to a “sector perform” rating and increased their price objective for the stock from GBX 875 ($11.43) to GBX 1,325 ($17.30) in a research report on Tuesday, May 23rd. Credit Suisse Group set a GBX 1,583 ($20.67) price objective on shares of easyJet plc and gave the stock a “buy” rating in a research report on Friday, July 7th. Canaccord Genuity reiterated a “sell” rating and set a GBX 1,076 ($14.05) price objective on shares of easyJet plc in a research report on Thursday. Finally, UBS AG reiterated a “buy” rating and set a price objective on shares of easyJet plc in a research report on Friday, June 23rd. Six investment analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the stock. easyJet plc has an average rating of “Hold” and a consensus price target of GBX 1,215.83 ($15.88).
easyJet plc (EZJ) opened at 1334.00 on Friday. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,444.00. The company’s market capitalization is GBX 5.24 billion. The stock’s 50 day moving average is GBX 1,365.62 and its 200-day moving average is GBX 1,144.51.
In other news, insider Andrew Findlay purchased 119 shares of the company’s stock in a transaction that occurred on Friday, June 30th. The shares were bought at an average cost of GBX 1,363 ($17.80) per share, with a total value of £1,621.97 ($2,118.01). Insiders have purchased 266 shares of company stock worth $367,928 over the last three months.
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.
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