easyJet plc (EZJ) Receives Consensus Rating of “Hold” from Brokerages
Shares of easyJet plc (LON:EZJ) have earned an average rating of “Hold” from the twenty-five research firms that are covering the stock. Six analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and nine have issued a buy recommendation on the company. The average 1-year price target among brokers that have covered the stock in the last year is GBX 1,089.32 ($13.61).
EZJ has been the topic of several analyst reports. HSBC Holdings plc raised easyJet plc to a “buy” rating and upped their price objective for the company from GBX 800 ($10.00) to GBX 1,150 ($14.37) in a research report on Wednesday, November 2nd. Beaufort Securities reaffirmed a “buy” rating on shares of easyJet plc in a research report on Monday, November 7th. Berenberg Bank initiated coverage on easyJet plc in a research report on Friday, November 11th. They issued a “buy” rating and a GBX 1,250 ($15.62) price objective on the stock. Goldman Sachs Group, Inc. (The) reaffirmed a “buy” rating and issued a GBX 1,070 ($13.37) price objective on shares of easyJet plc in a research report on Thursday, December 1st. Finally, Citigroup Inc. lowered their price objective on easyJet plc from GBX 1,200 ($15.00) to GBX 1,100 ($13.75) and set a “buy” rating on the stock in a research report on Wednesday, January 25th.
easyJet plc (LON:EZJ) opened at 943.50 on Friday. The company’s 50-day moving average price is GBX 996.69 and its 200 day moving average price is GBX 1,018.23. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,582.00. The stock’s market capitalization is GBX 3.73 billion.
In other easyJet plc news, insider Carolyn McCall sold 162,767 shares of the stock in a transaction on Tuesday, January 24th. The stock was sold at an average price of GBX 978 ($12.22), for a total value of £1,591,861.26 ($1,989,329.24). Also, insider Andrew Findlay sold 13,640 shares of the stock in a transaction on Monday, December 19th. The stock was sold at an average price of GBX 1,024 ($12.80), for a total value of £139,673.60 ($174,548.36). Insiders acquired a total of 213 shares of company stock valued at $207,125 in the last quarter.
This news story was reported by Daily Political and is owned by of Daily Political. If you are accessing this news story on another site, it was illegally stolen and republished in violation of United States and international copyright and trademark laws. The original version of this news story can be read at http://www.dailypolitical.com/2017/02/17/easyjet-plc-ezj-receives-consensus-rating-of-hold-from-brokerages.html.
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.
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.