HSBC reissued their buy rating on shares of easyJet (LON:EZJ) in a research note published on Thursday. HSBC currently has a GBX 1,850 ($25.94) target price on the stock.

EZJ has been the subject of a number of other reports. Goldman Sachs Group reaffirmed a neutral rating and issued a GBX 1,330 ($18.65) target price on shares of easyJet in a report on Tuesday, January 23rd. reaffirmed a buy rating and issued a GBX 1,500 ($21.03) target price on shares of easyJet in a report on Thursday, October 19th. Credit Suisse Group reaffirmed an outperform rating and issued a GBX 1,565 ($21.94) target price on shares of easyJet in a report on Friday, January 5th. JPMorgan Chase & Co. reaffirmed an underweight rating and issued a GBX 1,330 ($18.65) target price on shares of easyJet in a report on Tuesday, November 21st. Finally, Kepler Capital Markets raised shares of easyJet to a buy rating and increased their target price for the company from GBX 1,300 ($18.23) to GBX 1,551 ($21.75) in a report on Tuesday, November 28th. Two investment analysts have rated the stock with a sell rating, eleven have assigned a hold rating and eleven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and a consensus price target of GBX 1,552.17 ($21.76).

easyJet (EZJ) opened at GBX 1,613 ($22.62) on Thursday. easyJet has a 1-year low of GBX 906.39 ($12.71) and a 1-year high of GBX 1,695.67 ($23.78). The stock has a market cap of $6,370.00 and a PE ratio of 2,150.67.

The company also recently announced a dividend, which will be paid on Friday, March 23rd. Investors of record on Thursday, March 1st will be given a dividend of GBX 40.90 ($0.57) per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a yield of 3%.

In related news, insider Andrew Findlay purchased 115 shares of the firm’s stock in a transaction on Thursday, November 30th. The shares were bought at an average price of GBX 1,407 ($19.73) per share, for a total transaction of £1,618.05 ($2,268.72). Also, insider Johan Lundgren purchased 20,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The stock was bought at an average price of GBX 1,442 ($20.22) per share, for a total transaction of £288,400 ($404,374.65). In the last 90 days, insiders have purchased 20,238 shares of company stock worth $29,178,260.

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About easyJet

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 (LON:EZJ)

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