easyJet plc (LON:EZJ) has been given a GBX 1,340 ($17.68) price target by analysts at J P Morgan Chase & Co in a research report issued on Friday, July 14th. The firm currently has a “sell” rating on the stock. J P Morgan Chase & Co’s target price points to a potential upside of 5.93% from the stock’s current price.
Other equities research analysts also recently issued research reports about the company. Barclays PLC reissued an “equal weight” rating and set a GBX 1,150 ($15.17) price objective on shares of easyJet plc in a report on Monday, May 15th. Canaccord Genuity downgraded easyJet plc to a “sell” rating and raised their price objective for the company from GBX 1,010 ($13.32) to GBX 1,076 ($14.19) in a report on Wednesday, May 17th. Royal Bank Of Canada raised easyJet plc to a “sector perform” rating and raised their price objective for the company from GBX 875 ($11.54) to GBX 1,325 ($17.48) in a report on Tuesday, May 23rd. UBS AG reaffirmed a “buy” rating and set a target price on shares of easyJet plc in a research report on Friday, June 23rd. Finally, Liberum Capital reaffirmed a “sell” rating and set a GBX 825 ($10.88) target price on shares of easyJet plc in a research report on Tuesday, May 16th. Six equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 1,253.08 ($16.53).
easyJet plc (LON:EZJ) traded up 0.16% during trading on Friday, reaching GBX 1265.00. The company’s stock had a trading volume of 1,806,593 shares. The company’s 50 day moving average price is GBX 1,346.31 and its 200-day moving average price is GBX 1,160.18. easyJet plc has a 1-year low of GBX 851.00 and a 1-year high of GBX 1,440.00. The stock’s market cap is GBX 4.97 billion.
In other news, insider Andrew Findlay purchased 128 shares of the firm’s stock in a transaction dated Monday, July 31st. The shares were purchased at an average price of GBX 1,265 ($16.69) per share, with a total value of £1,619.20 ($2,135.87). In the last ninety days, insiders bought 394 shares of company stock worth $529,848.
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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