Liberum Capital Reiterates “Sell” Rating for easyJet plc (EZJ)

easyJet plc (LON:EZJ)‘s stock had its “sell” rating reaffirmed by Liberum Capital in a note issued to investors on Wednesday. They currently have a GBX 1,100 ($14.21) price target on the stock. Liberum Capital’s price target points to a potential downside of 8.71% from the company’s previous close.

Several other research firms have also weighed in on EZJ. Deutsche Bank AG reiterated a “hold” rating and issued a GBX 1,290 ($16.66) price objective on shares of easyJet plc in a research note on Tuesday, July 18th. BNP Paribas reiterated a “neutral” rating and issued a GBX 1,250 ($16.14) price objective on shares of easyJet plc in a research note on Tuesday, July 18th. Canaccord Genuity reiterated a “sell” rating and issued a GBX 1,076 ($13.90) price objective on shares of easyJet plc in a research note on Thursday, July 20th. Royal Bank Of Canada set a GBX 1,450 ($18.73) price objective on easyJet plc and gave the company a “neutral” rating in a research note on Thursday, July 20th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a GBX 1,583 ($20.44) price objective on shares of easyJet plc in a research note on Thursday, July 20th. Seven investment analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,247.04 ($16.11).

Shares of easyJet plc (EZJ) opened at 1210.00 on Wednesday. The company has a 50 day moving average price of GBX 1,238.59 and a 200 day moving average price of GBX 1,214.77. The company’s market cap is GBX 4.76 billion. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,444.00.

COPYRIGHT VIOLATION WARNING: “Liberum Capital Reiterates “Sell” Rating for easyJet plc (EZJ)” was posted by Chaffey Breeze and is the property of of Chaffey Breeze. If you are accessing this story on another site, it was illegally copied and republished in violation of international copyright law. The correct version of this story can be accessed at https://www.chaffeybreeze.com/2017/09/15/liberum-capital-reiterates-sell-rating-for-easyjet-plc-ezj.html.

In other news, insider Andrew Findlay acquired 128 shares of easyJet plc stock in a transaction on Monday, July 31st. The shares were purchased at an average price of GBX 1,265 ($16.34) per share, with a total value of £1,619.20 ($2,091.18). In the last ninety days, insiders have acquired 417 shares of company stock worth $530,359.

easyJet plc Company Profile

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet plc (LON:EZJ)

Receive News & Ratings for easyJet plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet plc and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply