easyJet plc (LON:EZJ)‘s stock had its “outperform” rating reiterated by analysts at Credit Suisse Group in a report released on Thursday. They currently have a GBX 1,583 ($20.67) target price on the stock. Credit Suisse Group’s price objective would suggest a potential upside of 20.66% from the stock’s current price.
EZJ has been the topic of a number of other reports. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,150 ($15.02) price objective on shares of easyJet plc in a research note on Monday, July 17th. Royal Bank Of Canada raised shares of easyJet plc to a “sector perform” rating and increased their price objective for the company from GBX 875 ($11.43) to GBX 1,325 ($17.30) in a research note on Tuesday, May 23rd. HSBC Holdings plc reissued a “buy” rating and issued a GBX 1,550 ($20.24) price objective on shares of easyJet plc in a research note on Thursday, June 15th. Canaccord Genuity reissued a “sell” rating and issued a GBX 1,076 ($14.05) price objective on shares of easyJet plc in a research note on Thursday. Finally, UBS AG reissued a “buy” rating and issued a price objective on shares of easyJet plc in a research note on Friday, June 23rd. Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have assigned a buy rating to the company’s stock. easyJet plc has a consensus rating of “Hold” and an average target price of GBX 1,248.92 ($16.31).
easyJet plc (EZJ) opened at 1312.00 on Thursday. easyJet plc has a 1-year low of GBX 851.00 and a 1-year high of GBX 1,444.00. The stock’s market capitalization is GBX 5.16 billion. The stock has a 50 day moving average of GBX 1,364.17 and a 200 day moving average of GBX 1,145.69.
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In other easyJet plc news, insider Andrew Findlay purchased 119 shares of the business’s stock in a transaction that occurred on Friday, June 30th. The shares were purchased at an average price of GBX 1,363 ($17.80) per share, for a total transaction of £1,621.97 ($2,118.01). Insiders purchased 266 shares of company stock worth $367,928 in the last 90 days.
About easyJet plc
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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