easyJet plc’s (EZJ) Hold Rating Reaffirmed at Numis Securities Ltd
easyJet plc (LON:EZJ)‘s stock had its “hold” rating restated by equities researchers at Numis Securities Ltd in a research report issued to clients and investors on Thursday. They currently have a GBX 1,200 ($15.66) price target on the stock. Numis Securities Ltd’s price objective suggests a potential upside of 19.64% from the company’s previous close.
Several other research analysts have also commented on the company. Deutsche Bank AG reiterated a “buy” rating and set a GBX 1,520 ($19.84) price target on shares of easyJet plc in a report on Monday, July 25th. HSBC reiterated a “reduce” rating on shares of easyJet plc in a report on Tuesday, September 20th. Macquarie reiterated an “outperform” rating and set a GBX 1,275 ($16.64) price target on shares of easyJet plc in a report on Friday, September 30th. Liberum Capital reiterated a “sell” rating on shares of easyJet plc in a report on Tuesday, September 6th. Finally, Beaufort Securities upgraded easyJet plc to a “buy” rating in a report on Friday, August 5th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company’s stock. easyJet plc currently has an average rating of “Hold” and a consensus price target of GBX 1,561.52 ($20.38).
Shares of easyJet plc (LON:EZJ) opened at 945.00 on Thursday. easyJet plc has a 52-week low of GBX 913.50 and a 52-week high of GBX 1,809.00. The firm’s 50 day moving average is GBX 1,082.17 and its 200 day moving average is GBX 1,272.60. The stock’s market capitalization is GBX 3.72 billion.
In related news, insider Brocklesby,Chris sold 2,294 shares of the company’s stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($15.57), for a total value of £27,367.42 ($35,723.04). Also, insider Bierwirth,Andreas purchased 1,480 shares of the stock in a transaction that occurred on Wednesday, July 27th. The stock was acquired at an average cost of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90).
About easyJet plc
easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.
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