easyJet plc (LON:EZJ) Stock Rated “Hold” by Wall Street Brokerages

easyJet plc (LON:EZJ) has been assigned an average recommendation of “Hold” from the seven research firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is GBX 646.43.

A number of equities analysts have issued reports on EZJ shares. JPMorgan Chase & Co. raised their target price on easyJet from GBX 360 to GBX 715 and gave the stock a “neutral” rating in a report on Friday, August 7th. Royal Bank Of Canada upped their price target on easyJet from GBX 600 to GBX 715 and gave the company a “sector perform” rating in a research note on Friday, August 21st.

easyJet Trading Up 0.1%

LON EZJ opened at GBX 683.80 on Friday. The stock has a 50-day simple moving average of GBX 673.18 and a 200 day simple moving average of GBX 545.02. The company has a market capitalization of £5.11 billion, a PE ratio of 12.64, a P/E/G ratio of 0.59 and a beta of 1.72. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36. easyJet has a 12 month low of GBX 332.60 and a 12 month high of GBX 685.07.

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.