Berenberg Bank set a GBX 1,260 ($16.46) target price on easyJet (LON:EZJ) in a research note published on Tuesday morning, Borsen Zeitung reports. The firm currently has a buy rating on the stock.
A number of other equities analysts have also issued reports on the company. UBS Group set a GBX 1,080 ($14.11) target price on easyJet and gave the stock a neutral rating in a research note on Thursday, July 18th. Royal Bank of Canada restated a buy rating on shares of easyJet in a research note on Monday. Deutsche Bank restated a hold rating on shares of easyJet in a research note on Monday, July 22nd. Barclays restated an underweight rating on shares of easyJet in a research note on Monday, July 15th. Finally, Credit Suisse Group restated an outperform rating and issued a GBX 1,206 ($15.76) target price on shares of easyJet in a research note on Tuesday, September 17th. Three research analysts have rated the stock with a sell rating, eleven have given a hold rating and seven have assigned a buy rating to the company. easyJet presently has a consensus rating of Hold and a consensus target price of GBX 1,178.19 ($15.40).
Shares of EZJ stock opened at GBX 1,142 ($14.92) on Tuesday. The firm has a market capitalization of $4.51 billion and a price-to-earnings ratio of 23.35. The company has a debt-to-equity ratio of 58.86, a current ratio of 0.60 and a quick ratio of 0.50. The business has a fifty day moving average of GBX 981.53 and a 200 day moving average of GBX 1,024.69. easyJet has a 1 year low of GBX 840 ($10.98) and a 1 year high of GBX 1,439 ($18.80).
In related news, insider Andrew Findlay purchased 1,279 shares of the business’s stock in a transaction on Tuesday, August 6th. The shares were bought at an average cost of GBX 970 ($12.67) per share, with a total value of £12,406.30 ($16,211.03). Insiders have acquired a total of 1,325 shares of company stock worth $1,285,721 over the last ninety days.
easyJet Company Profile
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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