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.
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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.
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