easyJet plc (LON:EZJ) had its price objective dropped by equities researchers at Goldman Sachs from GBX 2,380 ($34.44) to GBX 2,287 ($33.09) in a research note issued to investors on Friday. The firm presently has a “conviction-buy” rating on the stock. Goldman Sachs’ price target points to a potential upside of 49.28% from the company’s previous close.
A number of other equities research analysts have also commented on EZJ. Barclays reiterated an “equal weight” rating and set a GBX 1,870 ($27.06) price target on shares of easyJet plc in a report on Wednesday, February 3rd. JPMorgan Chase & Co. started coverage on shares of easyJet plc in a report on Wednesday, February 3rd. They set an “underweight” rating and a GBX 2,025 ($29.30) price target for the company. AlphaValue reiterated a “buy” rating and set a GBX 1,926 ($27.87) price target on shares of easyJet plc in a report on Thursday, February 4th. Jyske Bank reiterated a “buy” rating and set a GBX 1,820 ($26.33) price target on shares of easyJet plc in a report on Tuesday, February 9th. Finally, Numis Securities Ltd reiterated an “add” rating and set a GBX 1,850 ($26.77) price target on shares of easyJet plc in a report on Wednesday, February 10th. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating, seventeen have assigned a buy rating and one has given a strong buy rating to the company. easyJet plc has an average rating of “Buy” and an average target price of GBX 1,842.12 ($26.65).
Shares of easyJet plc (LON:EZJ) opened at 1534.0000 on Friday. The stock’s market cap is GBX 6.04 billion. easyJet plc has a 52 week low of GBX 1,413.65 and a 52 week high of GBX 1,846.28. The stock’s 50 day moving average price is GBX 1,468.69 and its 200-day moving average price is GBX 1,575.65.
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.
