easyJet (EZJ) Given a GBX 1,600 Price Target by Royal Bank of Canada Analysts
easyJet (LON:EZJ) has been given a GBX 1,600 ($20.91) price objective by research analysts at Royal Bank of Canada in a research report issued to clients and investors on Thursday. The brokerage currently has a “buy” rating on the stock. Royal Bank of Canada’s price objective points to a potential upside of 43.95% from the stock’s previous close.
Several other research firms have also recently issued reports on EZJ. Sanford C. Bernstein set a GBX 1,550 ($20.25) price objective on easyJet and gave the stock a “neutral” rating in a research report on Tuesday, August 21st. UBS Group set a GBX 1,900 ($24.83) target price on easyJet and gave the company a “neutral” rating in a research report on Wednesday, August 8th. Citigroup raised easyJet to a “buy” rating and set a GBX 1,800 ($23.52) target price for the company in a research report on Friday, August 31st. Credit Suisse Group set a GBX 2,059 ($26.90) target price on easyJet and gave the company a “buy” rating in a research report on Thursday, September 6th. Finally, Berenberg Bank began coverage on easyJet in a research report on Tuesday, September 18th. They issued a “sell” rating and a GBX 1,310 ($17.12) target price for the company. Two analysts have rated the stock with a sell rating, fourteen have assigned a hold rating and eleven have given a buy rating to the stock. easyJet currently has a consensus rating of “Hold” and a consensus price target of GBX 1,538.76 ($20.11).
LON:EZJ opened at GBX 1,111.50 ($14.52) on Thursday. easyJet has a 1 year low of GBX 977.38 ($12.77) and a 1 year 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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