easyJet plc (EZJ) Receives “Buy” Rating from Goldman Sachs Group Inc.
Goldman Sachs Group Inc. reiterated their buy rating on shares of easyJet plc (LON:EZJ) in a research note issued to investors on Thursday morning. They currently have a GBX 1,280 ($16.71) target price on the stock.
EZJ has been the topic of a number of other reports. Liberum Capital restated a buy rating and set a GBX 1,930 ($25.19) target price on shares of easyJet plc in a research note on Thursday, August 25th. Barclays PLC lowered their price target on easyJet plc from GBX 1,150 ($15.01) to GBX 1,050 ($13.71) and set an equal weight rating for the company in a report on Wednesday, September 14th. Credit Suisse Group AG reaffirmed a neutral rating and issued a GBX 1,130 ($14.75) price target on shares of easyJet plc in a report on Friday, September 9th. HSBC reaffirmed a reduce rating on shares of easyJet plc in a report on Tuesday, September 20th. Finally, Macquarie reaffirmed an outperform rating and issued a GBX 1,275 ($16.64) price target on shares of easyJet plc in a report on Friday, September 30th. Three investment 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 has an average rating of Hold and a consensus price target of GBX 1,425.75 ($18.61).
easyJet plc (LON:EZJ) traded down 4.02% during trading on Thursday, hitting GBX 896.00. 13,169,817 shares of the stock traded hands. The stock’s market cap is GBX 3.53 billion. easyJet plc has a 12 month low of GBX 884.28 and a 12 month high of GBX 1,809.00. The firm’s 50-day moving average is GBX 1,078.65 and its 200-day moving average is GBX 1,270.21.
In other easyJet plc news, insider Bierwirth,Andreas purchased 1,480 shares of the firm’s stock in a transaction on Wednesday, July 27th. The shares were purchased at an average cost 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 the firm’s stock in a transaction dated 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).
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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