easyJet plc (EZJ) Price Target Lowered to GBX 966 at Credit Suisse Group AG
easyJet plc (LON:EZJ) had its price objective cut by Credit Suisse Group AG from GBX 1,109 ($14.48) to GBX 966 ($12.61) in a research note published on Thursday morning. They currently have a neutral rating on the stock.
EZJ has been the subject of several other research reports. Goldman Sachs Group Inc. reaffirmed a buy rating and issued a GBX 1,740 ($22.71) price target on shares of easyJet plc in a report on Monday, June 27th. Citigroup Inc. cut their price target on easyJet plc from GBX 1,800 ($23.50) to GBX 1,600 ($20.89) and set a buy rating for the company in a report on Monday, June 27th. Barclays PLC reaffirmed an equal weight rating and issued a GBX 1,630 ($21.28) price target on shares of easyJet plc in a report on Tuesday, June 28th. Beaufort Securities cut easyJet plc to a hold rating in a report on Tuesday, June 28th. Finally, Liberum Capital reaffirmed a hold rating on shares of easyJet plc in a report on Wednesday, July 6th. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have issued a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 1,425.75 ($18.61).
easyJet plc (LON:EZJ) traded down 4.02% on Thursday, reaching GBX 896.00. The company had a trading volume of 13,169,817 shares. The company has a 50-day moving average of GBX 1,078.65 and a 200 day moving average of GBX 1,270.21. easyJet plc has a one year low of GBX 884.28 and a one year high of GBX 1,809.00. The stock’s market cap is GBX 3.53 billion.
In other news, insider Bierwirth,Andreas purchased 1,480 shares of the company’s stock in a transaction on Wednesday, July 27th. The shares were purchased at an average price of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90). Also, insider Brocklesby,Chris sold 2,294 shares of easyJet plc stock in a transaction dated Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($15.57), for a total value of £27,367.42 ($35,723.04).
easyJet plc Company Profile
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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