easyJet plc (EZJ) Price Target Cut to GBX 1,109 by Analysts at Credit Suisse Group AG
easyJet plc (LON:EZJ) had its price target reduced by Credit Suisse Group AG from GBX 1,130 ($14.75) to GBX 1,109 ($14.48) in a research report sent to investors on Thursday. They currently have a neutral rating on the stock.
Other equities research analysts have also issued research reports about the company. Citigroup Inc. cut their target price on easyJet plc from GBX 1,800 ($23.50) to GBX 1,600 ($20.89) and set a buy rating on the stock in a research report on Monday, June 27th. Goldman Sachs Group Inc. reiterated a buy rating and issued a GBX 1,740 ($22.71) price target on shares of easyJet plc in a report on Monday, June 27th. Beaufort Securities reiterated a buy rating on shares of easyJet plc in a report on Tuesday, June 7th. Deutsche Bank AG cut their price target on easyJet plc from GBX 1,830 ($23.89) to GBX 1,520 ($19.84) and set a buy rating on the stock in a report on Thursday, July 7th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 1,930 ($25.19) price target on shares of easyJet plc in a report on Thursday, August 25th. Three equities research analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have assigned a buy rating to the company. The company presently has an average rating of Hold and an average target price of GBX 1,601.74 ($20.91).
easyJet plc (LON:EZJ) opened at 1029.50 on Thursday. The company’s market capitalization is GBX 4.06 billion. easyJet plc has a 52 week low of GBX 973.00 and a 52 week high of GBX 1,820.00. The stock’s 50 day moving average price is GBX 1,092.08 and its 200 day moving average price is GBX 1,306.36.
In other news, insider Barton,John purchased 10,000 shares of the company’s stock in a transaction on Wednesday, June 29th. The stock was purchased at an average price of GBX 1,068 ($13.94) per share, with a total value of £106,800 ($139,407.39). Also, insider Bierwirth,Andreas purchased 1,480 shares of the company’s stock in a transaction on Wednesday, July 27th. The shares were purchased at an average cost of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90).
About easyJet plc
easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.
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