easyJet (EZJ) Rating Reiterated by Liberum Capital

Liberum Capital reiterated their sell rating on shares of easyJet (LON:EZJ) in a report released on Wednesday. They currently have a GBX 1,100 ($14.80) price target on the stock.

Several other equities analysts have also recently commented on EZJ. Barclays set a GBX 1,185 ($15.95) price objective on shares of easyJet and gave the company a neutral rating in a research note on Wednesday, August 9th. J P Morgan Chase & Co raised shares of easyJet to an overweight rating and boosted their price target for the stock from GBX 1,330 ($17.90) to GBX 1,550 ($20.86) in a research note on Wednesday. reissued a buy rating and issued a GBX 1,550 ($20.86) price target on shares of easyJet in a research note on Friday, September 29th. Sanford C. Bernstein set a GBX 1,600 ($21.53) price target on shares of easyJet and gave the stock a buy rating in a research note on Wednesday, November 29th. Finally, Morgan Stanley boosted their price target on shares of easyJet from GBX 1,230 ($16.55) to GBX 1,490 ($20.05) and gave the stock an equal weight rating in a research note on Monday, December 4th. Five research analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of Hold and a consensus price target of GBX 1,375.84 ($18.52).

easyJet (LON EZJ) opened at GBX 1,456 ($19.60) on Wednesday. easyJet has a 12 month low of GBX 906.39 ($12.20) and a 12 month high of GBX 1,462 ($19.68).

The firm also recently disclosed a dividend, which will be paid on Friday, March 23rd. Stockholders of record on Thursday, March 1st will be issued a GBX 40.90 ($0.55) dividend. The ex-dividend date is Thursday, March 1st. This represents a dividend yield of 3%.

In other news, insider Johan Lundgren purchased 20,000 shares of the stock in a transaction that occurred on Wednesday, December 6th. The stock was bought at an average cost of GBX 1,442 ($19.41) per share, for a total transaction of £288,400 ($388,156.12). Also, insider Andrew Findlay purchased 115 shares of the stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average price of GBX 1,407 ($18.94) per share, with a total value of £1,618.05 ($2,177.73). Over the last 90 days, insiders bought 20,406 shares of company stock valued at $29,368,685.

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easyJet 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 (LON:EZJ)

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