Jet2 (LON:JET2) Insider Stephen Heapy Purchases 2,349 Shares

Jet2 plc (LON:JET2) insider Stephen Heapy purchased 2,349 shares of the business’s stock in a transaction on Monday, March 2nd. The shares were purchased at an average cost of GBX 766 per share, for a total transaction of £17,993.34.

Jet2 Stock Up 0.4%

Shares of LON:JET2 opened at GBX 1,205 on Thursday. The company has a market capitalization of £2.24 billion, a price-to-earnings ratio of 5.15, a P/E/G ratio of 9.34 and a beta of 1.24. The company has a debt-to-equity ratio of 61.57, a current ratio of 1.40 and a quick ratio of 1.49. The business’s 50-day moving average is GBX 1,300.49 and its 200-day moving average is GBX 1,370.83. Jet2 plc has a 1 year low of GBX 1,088 and a 1 year high of GBX 1,963.

Analyst Ratings Changes

A number of equities analysts have issued reports on JET2 shares. JPMorgan Chase & Co. cut Jet2 to a “neutral” rating and cut their price target for the stock from GBX 1,850 to GBX 1,450 in a report on Monday, December 1st. Panmure Gordon reiterated a “buy” rating and set a GBX 1,700 target price on shares of Jet2 in a research report on Thursday, November 20th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 2,150 target price on shares of Jet2 in a research note on Monday, November 24th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 2,250 price target on shares of Jet2 in a research note on Wednesday, November 12th. Finally, Jefferies Financial Group reissued a “buy” rating and set a GBX 2,100 price objective on shares of Jet2 in a research report on Thursday, November 20th. Five equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 1,917.83.

About Jet2

Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK’s largest package holiday provider, Jet2holidays.
Jet2.com is the UK’s third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK’s largest tour operator.