easyJet plc (EZJ) PT Lowered to GBX 1,200 at Citigroup Inc.
easyJet plc (LON:EZJ) had its price objective reduced by research analysts at Citigroup Inc. from GBX 1,500 ($19.58) to GBX 1,200 ($15.66) in a report released on Friday. The firm presently has a “buy” rating on the stock. Citigroup Inc.’s price target would indicate a potential upside of 28.55% from the company’s previous close.
EZJ has been the topic of a number of other reports. Liberum Capital reiterated a “buy” rating and set a GBX 1,930 ($25.19) target price on shares of easyJet plc in a research report on Thursday, August 25th. Barclays PLC reduced their target price on shares of easyJet plc from GBX 1,150 ($15.01) to GBX 1,050 ($13.71) and set an “equal weight” rating on the stock in a research report on Wednesday, September 14th. Credit Suisse Group AG reiterated a “neutral” rating and set a GBX 1,130 ($14.75) target price on shares of easyJet plc in a research report on Friday, September 9th. HSBC reiterated a “reduce” rating on shares of easyJet plc in a research report on Tuesday, September 20th. Finally, Macquarie reiterated an “outperform” rating and set a GBX 1,275 ($16.64) target price on shares of easyJet plc in a research report on Friday, September 30th. Three research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have assigned a buy rating to the company. easyJet plc currently has a consensus rating of “Hold” and a consensus price target of GBX 1,482.42 ($19.35).
easyJet plc (LON:EZJ) opened at 933.50 on Friday. easyJet plc has a 1-year low of GBX 913.50 and a 1-year high of GBX 1,809.00. The company has a 50-day moving average of GBX 1,078.65 and a 200-day moving average of GBX 1,270.21. The firm’s market cap is GBX 3.68 billion.
In related news, insider Brocklesby,Chris sold 2,294 shares of the stock in a transaction on Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($15.57), for a total transaction of £27,367.42 ($35,723.04). Also, insider Bierwirth,Andreas bought 1,480 shares of easyJet plc stock in a transaction that occurred on Wednesday, July 27th. The shares were acquired at an average price of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90).
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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