easyJet plc (OTCMKTS:ESYJY) Receives Average Rating of “Hold” from Analysts

easyJet plc (OTCMKTS:ESYJY) has received an average rating of “Hold” from the eight analysts that are covering the firm, Marketbeat reports. Three analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating on the company.

ESYJY has been the topic of a number of recent analyst reports. Deutsche Bank Aktiengesellschaft cut shares of easyJet from a “hold” rating to a “sell” rating in a research note on Thursday, January 15th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of easyJet in a report on Monday, December 1st. Citigroup raised easyJet from a “neutral” rating to a “buy” rating in a report on Wednesday, February 11th. Sanford C. Bernstein upgraded easyJet from a “market perform” rating to an “outperform” rating in a research report on Friday, November 28th. Finally, Kepler Capital Markets cut easyJet from a “buy” rating to a “hold” rating in a research report on Friday, December 12th.

easyJet Stock Performance

Shares of OTCMKTS:ESYJY opened at $5.56 on Friday. The firm has a 50 day moving average of $6.49 and a 200-day moving average of $6.43. easyJet has a 12 month low of $5.19 and a 12 month high of $8.04.

About easyJet

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.