easyJet’s (EZJ) “Buy” Rating Reiterated at UBS Group

easyJet (LON:EZJ)‘s stock had its “buy” rating restated by investment analysts at UBS Group in a research note issued on Monday,Digital Look reports. They presently have a GBX 635 target price on the stock. UBS Group’s target price suggests a potential upside of 86.00% from the company’s current price.

A number of other equities research analysts have also weighed in on the company. Royal Bank Of Canada dropped their price target on easyJet from GBX 440 to GBX 415 and set an “outperform” rating on the stock in a research note on Friday, April 17th. Citigroup decreased their price objective on shares of easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a research report on Monday, February 2nd. JPMorgan Chase & Co. lowered their target price on shares of easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a research note on Wednesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft dropped their target price on shares of easyJet from GBX 465 to GBX 340 and set a “sell” rating on the stock in a research report on Thursday, March 19th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of GBX 551.43.

easyJet Trading Down 0.8%

Shares of LON:EZJ opened at GBX 341.40 on Monday. The business’s 50-day moving average is GBX 368.27 and its 200 day moving average is GBX 444.21. easyJet has a 1 year low of GBX 332.60 and a 1 year high of GBX 590.60. The firm has a market capitalization of £2.55 billion, a P/E ratio of 5.28, a P/E/G ratio of 0.59 and a beta of 1.71. The company has a debt-to-equity ratio of 83.65, a current ratio of 1.11 and a quick ratio of 1.09.

easyJet Company Profile

We are a low-cost, European, point-to-point airline. We use our?cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to?provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.