easyJet plc (OTCMKTS:ESYJY) Given Consensus Rating of “Reduce” by Brokerages

Shares of easyJet plc (OTCMKTS:ESYJY) have been assigned a consensus rating of “Reduce” from the seven ratings firms that are presently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and two have assigned a buy recommendation to the company.

ESYJY has been the topic of several research reports. Royal Bank Of Canada reiterated an “outperform” rating on shares of easyJet in a report on Friday, May 22nd. Citigroup upgraded shares of easyJet from a “neutral” rating to a “buy” rating in a report on Wednesday, February 11th. Finally, Sanford C. Bernstein downgraded shares of easyJet from an “outperform” rating to a “market perform” rating in a report on Monday, April 13th.

easyJet Stock Up 0.3%

Shares of easyJet stock opened at $5.37 on Friday. The company has a 50 day moving average price of $5.04 and a 200 day moving average price of $5.93. easyJet has a 52 week low of $4.57 and a 52 week high of $8.04.

About easyJet

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.