easyJet plc (EZJ) Rating Reiterated by Barclays PLC
easyJet plc (LON:EZJ)‘s stock had its “equal weight” rating reaffirmed by equities research analysts at Barclays PLC in a research report issued to clients and investors on Friday. They presently have a GBX 1,050 ($13.71) target price on the stock. Barclays PLC’s target price would suggest a potential upside of 12.48% from the stock’s current price.
Several other research analysts have also issued reports on the stock. Kepler Capital Markets decreased their price target on shares of easyJet plc from GBX 965 ($12.60) to GBX 866 ($11.30) and set a “reduce” rating on the stock in a research report on Friday. Citigroup Inc. decreased their price target on shares of easyJet plc from GBX 1,500 ($19.58) to GBX 1,200 ($15.66) and set a “buy” rating on the stock in a research report on Friday. Beaufort Securities restated a “buy” rating on shares of easyJet plc in a research report on Friday. Goodbody reaffirmed a “hold” rating on shares of easyJet plc in a research note on Thursday. Finally, Societe Generale reaffirmed a “hold” rating and issued a GBX 1,150 ($15.01) price objective on shares of easyJet plc in a research note on Thursday. Three analysts have rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the stock. easyJet plc presently has an average rating of “Hold” and a consensus price target of GBX 1,482.42 ($19.35).
Shares of easyJet plc (LON:EZJ) opened at 933.50 on Friday. The company has a 50-day moving average price of GBX 1,078.65 and a 200-day moving average price of GBX 1,270.21. The stock’s market cap is GBX 3.68 billion. easyJet plc has a 1-year low of GBX 913.50 and a 1-year high of GBX 1,809.00.
In other news, insider Bierwirth,Andreas bought 1,480 shares of the company’s stock in a transaction that occurred on Wednesday, July 27th. The shares were purchased at an average price of GBX 1,004 ($13.11) per share, for a total transaction of £14,859.20 ($19,395.90). Also, insider Brocklesby,Chris sold 2,294 shares of easyJet plc stock in a transaction on Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($15.57), for a total transaction of £27,367.42 ($35,723.04).
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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