Barclays PLC Reiterates “Equal weight” Rating for easyJet plc (EZJ)
Barclays PLC reissued their equal weight rating on shares of easyJet plc (LON:EZJ) in a research report released on Friday morning. Barclays PLC currently has a GBX 1,050 ($13.00) price target on the stock.
A number of other research firms also recently weighed in on EZJ. Citigroup Inc. decreased their price target on shares of easyJet plc from GBX 1,800 ($22.28) to GBX 1,600 ($19.80) and set a buy rating on the stock in a research note on Monday, June 27th. JPMorgan Chase & Co. cut easyJet plc to a neutral rating and cut their price objective for the company from GBX 1,900 ($23.51) to GBX 1,150 ($14.23) in a report on Wednesday, July 20th. Goodbody reissued a hold rating on shares of easyJet plc in a report on Tuesday, September 6th. Kepler Capital Markets cut their price objective on easyJet plc from GBX 965 ($11.94) to GBX 866 ($10.72) and set a reduce rating for the company in a report on Friday, October 7th. Finally, Credit Suisse Group AG cut their price objective on easyJet plc from GBX 1,109 ($13.73) to GBX 966 ($11.96) and set a neutral rating for the company in a report on Thursday, October 6th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the stock. easyJet plc has an average rating of Hold and a consensus target price of GBX 1,355.54 ($16.78).
easyJet plc (LON:EZJ) opened at 897.50 on Friday. The company’s market cap is GBX 3.54 billion. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,809.00. The stock’s 50 day moving average is GBX 1,058.73 and its 200 day moving average is GBX 1,251.88.
In related news, insider Bierwirth,Andreas acquired 1,480 shares of the company’s stock in a transaction dated Wednesday, July 27th. The shares were bought at an average price of GBX 1,004 ($12.43) per share, for a total transaction of £14,859.20 ($18,390.10). Also, insider Brocklesby,Chris sold 2,294 shares of the company’s stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($14.76), for a total value of £27,367.42 ($33,870.57).
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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