Jet2 plc (LON:JET2) Receives GBX 1,851.17 Consensus Price Target from Brokerages

Jet2 plc (LON:JET2) has received an average rating of “Moderate Buy” from the six research firms that are covering the firm, MarketBeat reports. One analyst has rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have issued a report on the stock in the last year is GBX 1,851.17.

A number of research analysts have recently commented on JET2 shares. Jefferies Financial Group reaffirmed a “buy” rating and set a GBX 2,100 price target on shares of Jet2 in a research report on Monday, March 23rd. Deutsche Bank Aktiengesellschaft decreased their price objective on Jet2 from GBX 1,596 to GBX 1,457 and set a “buy” rating for the company in a report on Friday, March 20th.

Jet2 Price Performance

Shares of LON JET2 opened at GBX 1,156 on Wednesday. The company has a current ratio of 1.40, a quick ratio of 1.49 and a debt-to-equity ratio of 61.57. The stock has a fifty day simple moving average of GBX 1,204.41 and a two-hundred day simple moving average of GBX 1,308.83. Jet2 has a 1-year low of GBX 1,029 and a 1-year high of GBX 1,963. The firm has a market cap of £2.14 billion, a price-to-earnings ratio of 4.94, a price-to-earnings-growth ratio of 9.34 and a beta of 1.24.

Insider Transactions at Jet2

In other Jet2 news, insider Gary Brown bought 2,349 shares of Jet2 stock in a transaction dated Tuesday, March 3rd. The stock was purchased at an average price of GBX 766 per share, for a total transaction of £17,993.34. Also, insider Rachel Kentleton purchased 1,638 shares of the stock in a transaction dated Wednesday, February 18th. The stock was acquired at an average cost of GBX 1,306 per share, for a total transaction of £21,392.28. Insiders acquired 6,336 shares of company stock worth $5,737,896 over the last quarter. Corporate insiders own 21.96% of the company’s stock.

Jet2 Company Profile

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.