Insider Buying: easyJet (LON:EZJ) Insider Purchases £150.22 in Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 37 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were purchased at an average cost of GBX 406 per share, for a total transaction of £150.22.

Kenton Jarvis also recently made the following trade(s):

• On Monday, January 12th, Kenton Jarvis purchased 30 shares of easyJet stock. The stock was purchased at an average price of GBX 496 per share, for a total transaction of £148.80.

easyJet Price Performance

Shares of EZJ stock opened at GBX 371.60 on Friday. The firm has a market cap of £2.78 billion, a price-to-earnings ratio of 5.74, a PEG ratio of 0.59 and a beta of 1.71. easyJet plc has a 12 month low of GBX 369.80 and a 12 month high of GBX 590.60. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 83.65. The stock has a 50-day moving average price of GBX 469.87 and a 200 day moving average price of GBX 476.96.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. UBS Group reissued a “buy” rating and set a GBX 800 price target on shares of easyJet in a research note on Friday, January 16th. JPMorgan Chase & Co. lowered shares of easyJet to an “underweight” rating and lowered their target price for the stock from GBX 500 to GBX 400 in a report on Monday, December 1st. Panmure Gordon upped their target price on shares of easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Peel Hunt reissued a “buy” rating and issued a GBX 850 price target on shares of easyJet in a research note on Tuesday, November 25th. Finally, Citigroup reduced their price target on easyJet from GBX 500 to GBX 490 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, easyJet presently has an average rating of “Hold” and a consensus target price of GBX 625.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.