easyJet plc (EZJ) Receives “Hold” Rating from Societe Generale
Several other research analysts have also recently issued reports on the stock. Goldman Sachs Group Inc. reaffirmed a buy rating and issued a GBX 1,280 ($16.71) target price on shares of easyJet plc in a report on Thursday. Credit Suisse Group AG decreased their target price on shares of easyJet plc from GBX 1,109 ($14.48) to GBX 966 ($12.61) and set a neutral rating for the company in a report on Thursday. Numis Securities Ltd reaffirmed a hold rating and issued a GBX 1,200 ($15.66) target price on shares of easyJet plc in a report on Thursday. Macquarie reaffirmed an outperform rating and issued a GBX 1,275 ($16.64) target price on shares of easyJet plc in a report on Friday, September 30th. Finally, HSBC reaffirmed a reduce rating on shares of easyJet plc in a report on Tuesday, September 20th. Three investment 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. easyJet plc presently has a consensus rating of Hold and an average target price of GBX 1,425.75 ($18.61).
easyJet plc (LON:EZJ) traded down 4.02% on Thursday, reaching GBX 896.00. 13,169,817 shares of the company traded hands. The stock’s market capitalization is GBX 3.53 billion. The stock’s 50-day moving average is GBX 1,078.65 and its 200-day moving average is GBX 1,270.21. easyJet plc has a 1-year low of GBX 884.28 and a 1-year high of GBX 1,809.00.
In other 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 value of £27,367.42 ($35,723.04). Also, insider Bierwirth,Andreas bought 1,480 shares of easyJet plc stock in a transaction dated Wednesday, July 27th. The stock was purchased at an average cost of GBX 1,004 ($13.11) per share, for a total transaction 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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