Analysts Set easyJet plc (LON:EZJ) Target Price at GBX 625

Shares of easyJet plc (LON:EZJ) have received a consensus rating of “Hold” from the eight brokerages that are presently covering the firm, MarketBeat reports. Two analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is GBX 625.

Several brokerages recently commented on EZJ. Panmure Gordon boosted their price target on easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 590 target price on shares of easyJet in a research note on Monday, February 2nd. UBS Group reissued a “buy” rating and issued a GBX 800 target price on shares of easyJet in a report on Friday, January 16th. JPMorgan Chase & Co. cut easyJet to an “underweight” rating and dropped their price target for the company from GBX 500 to GBX 400 in a report on Monday, December 1st. Finally, Deutsche Bank Aktiengesellschaft cut easyJet to a “sell” rating and decreased their target price for the stock from GBX 535 to GBX 465 in a report on Thursday, January 15th.

easyJet Trading Up 0.6%

Shares of easyJet stock opened at GBX 481.30 on Friday. easyJet has a 52-week low of GBX 401.05 and a 52-week high of GBX 590.60. The firm has a market capitalization of £3.60 billion, a PE ratio of 7.44, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. The company has a debt-to-equity ratio of 110.33, a current ratio of 1.02 and a quick ratio of 1.09. The company’s fifty day moving average price is GBX 494.25 and its two-hundred day moving average price is GBX 485.28.

easyJet (LON:EZJ) last issued its earnings results on Tuesday, November 25th. The company reported GBX 66.40 earnings per share for the quarter. easyJet had a net margin of 4.27% and a return on equity of 13.89%. On average, analysts expect that easyJet will post 67.3369565 EPS for the current year.

Insider Activity

In related news, insider Harald Eisenächer purchased 4,000 shares of the firm’s stock in a transaction dated Wednesday, November 26th. The shares were acquired at an average cost of GBX 476 per share, with a total value of £19,040. Insiders have purchased 4,061 shares of company stock worth $1,933,698 in the last quarter. 15.22% of the stock is currently owned by corporate insiders.

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.