easyJet plc (EZJ) Receives Buy Rating from UBS AG
easyJet plc (LON:EZJ)‘s stock had its “buy” rating reiterated by analysts at UBS AG in a research report issued on Monday, www.boersen-zeitung.de reports.
Other analysts have also issued research reports about the stock. Barclays PLC reissued an “equal weight” rating and issued a GBX 1,150 ($15.17) price target on shares of easyJet plc in a report on Monday, May 15th. Canaccord Genuity lowered shares of easyJet plc to a “sell” rating and raised their price target for the company from GBX 1,010 ($13.32) to GBX 1,076 ($14.19) in a report on Wednesday, May 17th. Royal Bank Of Canada raised shares of easyJet plc to a “sector perform” rating and raised their price target for the company from GBX 875 ($11.54) to GBX 1,325 ($17.48) in a report on Tuesday, May 23rd. J P Morgan Chase & Co set a GBX 1,350 ($17.81) price target on shares of easyJet plc and gave the company a “sell” rating in a report on Friday, July 21st. Finally, Liberum Capital reissued a “sell” rating and issued a GBX 825 ($10.88) price target on shares of easyJet plc in a report on Tuesday, May 16th. Six equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the stock. easyJet plc presently has an average rating of “Hold” and an average price target of GBX 1,253.08 ($16.53).
easyJet plc (LON EZJ) opened at 1276.00 on Monday. The company’s market capitalization is GBX 5.01 billion. The firm’s 50-day moving average price is GBX 1,346.31 and its 200-day moving average price is GBX 1,160.18. easyJet plc has a 52 week low of GBX 851.00 and a 52 week high of GBX 1,440.00.
In other news, insider Andrew Findlay purchased 115 shares of the firm’s stock in a transaction dated Wednesday, May 31st. The stock was bought at an average price of GBX 1,411 ($18.61) per share, with a total value of £1,622.65 ($2,140.42). Insiders bought a total of 394 shares of company stock valued at $529,848 in the last three months.
About easyJet plc
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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