easyJet plc (OTCMKTS:ESYJY) Given Average Recommendation of “Reduce” by Analysts

Shares of easyJet plc (OTCMKTS:ESYJY) have been given an average recommendation of “Reduce” by the nine ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company.

ESYJY has been the topic of several recent research reports. Deutsche Bank Aktiengesellschaft raised shares of easyJet from a “sell” rating to a “hold” rating in a research report on Wednesday, June 10th. UBS Group lowered easyJet to a “neutral” rating in a report on Tuesday, June 30th. Barclays reissued an “overweight” rating on shares of easyJet in a research note on Monday, June 15th. Citigroup restated a “neutral” rating on shares of easyJet in a report on Monday, July 13th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of easyJet in a research report on Wednesday, June 24th.

easyJet Trading Down 0.2%

Shares of OTCMKTS ESYJY opened at $9.06 on Thursday. The company has a 50-day moving average price of $7.87 and a 200-day moving average price of $6.39. easyJet has a 1 year low of $4.57 and a 1 year high of $9.17.

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.