easyJet plc (LON:EZJ) had its price target reduced by equities researchers at Deutsche Bank from GBX 1,850 ($26.77) to GBX 1,830 ($26.48) in a research report issued to clients and investors on Friday. The firm currently has a “buy” rating on the stock. Deutsche Bank’s price objective would suggest a potential upside of 19.45% from the company’s previous close.
EZJ has been the subject of a number of other research reports. Liberum Capital restated a “buy” rating and issued a GBX 1,950 ($28.22) target price on shares of easyJet plc in a report on Tuesday, March 1st. Credit Suisse restated an “outperform” rating and issued a GBX 1,988 ($28.77) target price on shares of easyJet plc in a report on Monday, March 28th. AlphaValue restated a “buy” rating and issued a GBX 1,911 ($27.65) target price on shares of easyJet plc in a report on Thursday, March 10th. Panmure Gordon lowered easyJet plc from a “buy” rating to a “hold” rating and set a GBX 1,800 ($26.05) target price for the company. in a report on Monday, March 28th. Finally, Barclays restated an “equal weight” rating and issued a GBX 1,870 ($27.06) target price on shares of easyJet plc in a report on Tuesday, February 23rd. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating, seventeen have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently 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. easyJet plc has a 12 month low of GBX 1,413.65 and a 12 month high of GBX 1,846.28. The stock’s market capitalization is GBX 6.04 billion. The company’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.
