easyJet (OTCMKTS:ESYJY) Lifted to “Hold” at Cheuvreux

Cheuvreux upgraded shares of easyJet (OTCMKTS:ESYJY) from a reduce rating to a hold rating in a report issued on Monday morning, The Fly reports.

Other research analysts have also issued reports about the company. AlphaValue lowered easyJet to a buy rating in a report on Friday, September 10th. JPMorgan Chase & Co. reiterated a neutral rating on shares of easyJet in a report on Tuesday, September 14th. Berenberg Bank reiterated a hold rating on shares of easyJet in a report on Monday, May 24th. Barclays reiterated an equal weight rating on shares of easyJet in a report on Friday, September 10th. Finally, HSBC raised easyJet from a hold rating to a buy rating in a report on Friday, June 18th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and seven have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, easyJet has an average rating of Hold.

OTCMKTS:ESYJY opened at $11.49 on Monday. The stock has a fifty day moving average price of $11.25 and a 200 day moving average price of $12.93. easyJet has a 12-month low of $6.14 and a 12-month high of $15.74.

About easyJet

easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.

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