easyJet plc (LON:EZJ) was upgraded by analysts at Investec to a “buy” rating in a research note issued to investors on Wednesday. The firm presently has a GBX 1,600 ($21.04) price target on the stock, up from their previous price target of GBX 1,400 ($18.41). Investec’s price objective suggests a potential upside of 16.66% from the company’s current price.

Other research analysts have also recently issued reports about the stock. Liberum Capital reissued a “sell” rating and set a GBX 1,100 ($14.47) price target on shares of easyJet plc in a research report on Wednesday, August 16th. Societe Generale reissued a “sell” rating and set a GBX 1,050 ($13.81) price target on shares of easyJet plc in a research report on Monday, October 9th. J P Morgan Chase & Co reissued an “underweight” rating and set a GBX 1,330 ($17.49) price target on shares of easyJet plc in a research report on Tuesday. Beaufort Securities reissued a “buy” rating and set a GBX 1,460 ($19.20) price target on shares of easyJet plc in a research report on Tuesday. Finally, HSBC Holdings PLC lifted their price target on shares of easyJet plc from GBX 1,500 ($19.73) to GBX 1,550 ($20.39) and gave the company a “buy” rating in a research report on Wednesday. Seven research analysts have rated the stock with a sell rating, nine have given a hold rating and eight have issued a buy rating to the stock. easyJet plc currently has an average rating of “Hold” and an average target price of GBX 1,295.42 ($17.04).

easyJet plc (LON:EZJ) opened at GBX 1,371.50 ($18.04) on Wednesday. easyJet plc has a 12-month low of GBX 906.39 ($11.92) and a 12-month high of GBX 1,444 ($18.99).

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In other easyJet plc news, insider Andrew Findlay purchased 133 shares of the firm’s stock in a transaction that occurred on Friday, September 29th. The shares were bought at an average price of GBX 1,213 ($15.95) per share, with a total value of £1,613.29 ($2,121.91). In the last ninety days, insiders have purchased 426 shares of company stock worth $528,205.

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.

Analyst Recommendations for easyJet plc (LON:EZJ)

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