easyJet (EZJ) PT Set at GBX 1,000 by Sanford C. Bernstein
easyJet (LON:EZJ) has been given a GBX 1,000 ($13.07) price target by equities research analysts at Sanford C. Bernstein in a report issued on Tuesday. The firm presently has a “sell” rating on the stock. Sanford C. Bernstein’s price target would suggest a potential downside of 13.27% from the company’s current price.
A number of other equities research analysts also recently weighed in on EZJ. Credit Suisse Group reaffirmed an “outperform” rating on shares of easyJet in a report on Thursday, November 15th. Liberum Capital reaffirmed a “hold” rating and issued a GBX 1,800 ($23.52) target price on shares of easyJet in a report on Monday, August 6th. UBS Group set a GBX 1,900 ($24.83) target price on easyJet and gave the company a “neutral” rating in a report on Wednesday, August 8th. Numis Securities reduced their target price on easyJet from GBX 1,836 ($23.99) to GBX 1,321 ($17.26) and set a “hold” rating on the stock in a report on Thursday, October 4th. Finally, Barclays reaffirmed an “equal weight” rating on shares of easyJet in a report on Tuesday, October 2nd. Two research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and fourteen have issued a buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of GBX 1,612.23 ($21.07).
Shares of EZJ stock opened at GBX 1,153 ($15.07) on Tuesday. easyJet has a fifty-two week low of GBX 977.38 ($12.77) and a fifty-two week high of GBX 1,698.69 ($22.20).
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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