easyJet plc (EZJ) PT Raised to GBX 1,550
easyJet plc (LON:EZJ) had its price target upped by HSBC Holdings PLC from GBX 1,500 ($19.73) to GBX 1,550 ($20.39) in a research note issued on Wednesday. The brokerage currently has a “buy” rating on the stock. HSBC Holdings PLC’s price objective indicates a potential upside of 12.79% from the stock’s previous close.
Other equities analysts have also 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 reaffirmed a “sell” rating and set a GBX 1,050 ($13.81) target price on shares of easyJet plc in a report on Monday, October 9th. Sanford C. Bernstein set a GBX 1,600 ($21.04) target price on shares of easyJet plc and gave the company a “buy” rating in a report on Wednesday, August 16th. set a GBX 1,550 ($20.39) target price on shares of easyJet plc and gave the company a “buy” rating in a report on Thursday, September 14th. Finally, Morgan Stanley reissued an “equal weight” rating and issued a GBX 1,230 ($16.18) price target on shares of easyJet plc in a research note on Monday, October 9th. Seven research analysts have rated the stock with a sell rating, nine have assigned a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 1,308.96 ($17.22).
easyJet plc (LON:EZJ) opened at GBX 1,374.21 ($18.07) on Wednesday. easyJet plc has a 1 year low of GBX 906.39 ($11.92) and a 1 year high of GBX 1,444 ($18.99).
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In other news, insider Andrew Findlay purchased 135 shares of the stock in a transaction dated Thursday, August 31st. The shares were purchased at an average price of GBX 1,195 ($15.72) per share, with a total value of £1,613.25 ($2,121.86). In the last three months, insiders have bought 426 shares of company stock worth $528,205.
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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