Jet2 (LON:JET2) Rating Reiterated by Canaccord Genuity Group

Canaccord Genuity Group reiterated their buy rating on shares of Jet2 (LON:JET2) in a research report sent to investors on Wednesday morning, MarketBeat Ratings reports. The firm currently has a GBX 1,900 ($23.47) price target on the stock.

A number of other research firms also recently issued reports on JET2. Jefferies Financial Group restated a buy rating and set a GBX 1,800 ($22.23) target price on shares of Jet2 in a research report on Friday, February 16th. Royal Bank of Canada restated an outperform rating and set a GBX 1,950 ($24.09) target price on shares of Jet2 in a research report on Friday, April 12th.

Jet2 Stock Performance

Jet2 stock opened at GBX 1,415 ($17.48) on Wednesday. The company has a current ratio of 1.62, a quick ratio of 1.49 and a debt-to-equity ratio of 87.09. Jet2 has a 1 year low of GBX 960 ($11.86) and a 1 year high of GBX 1,568 ($19.37). The company has a market cap of £3.04 billion, a PE ratio of 777.47, a PEG ratio of 9.34 and a beta of 2.26. The company’s 50-day moving average is GBX 1,425.34 and its two-hundred day moving average is GBX 1,278.88.

About Jet2

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.