easyJet plc (LON:EZJ)‘s stock had its “buy” rating reaffirmed by stock analysts at HSBC in a report issued on Tuesday. They presently have a GBX 1,300 ($16.24) target price on the stock. HSBC’s price objective would indicate a potential upside of 24.28% from the company’s previous close.

A number of other brokerages have also recently commented on EZJ. Credit Suisse Group AG reaffirmed a “neutral” rating and issued a GBX 1,130 ($14.12) price target on shares of easyJet plc in a research note on Friday, September 9th. Deutsche Bank AG cut easyJet plc to a “hold” rating and decreased their price target for the stock from GBX 1,310 ($16.37) to GBX 1,215 ($15.18) in a research note on Thursday, September 8th. Beaufort Securities reaffirmed a “buy” rating on shares of easyJet plc in a research note on Wednesday, September 7th. Barclays PLC decreased their price target on easyJet plc from GBX 1,150 ($14.37) to GBX 1,050 ($13.12) and set an “equal weight” rating on the stock in a research note on Wednesday, September 14th. Finally, Goodbody reissued a “hold” rating on shares of easyJet plc in a research note on Tuesday, September 6th. Three investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and twelve have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 1,312.72 ($16.40).

Analyst Recommendations for easyJet plc (LON:EZJ)

easyJet plc (LON:EZJ) opened at 1045.00 on Tuesday. The company’s market capitalization is GBX 4.12 billion. The company has a 50 day moving average price of GBX 972.30 and a 200-day moving average price of GBX 1,148.71. easyJet plc has a one year low of GBX 851.00 and a one year high of GBX 1,771.00.

The firm also recently announced a dividend, which will be paid on Friday, March 17th. Investors of record on Thursday, February 23rd will be given a dividend of GBX 53.80 ($0.67) per share. This represents a dividend yield of 4.95%. The ex-dividend date is Thursday, February 23rd.

In related news, insider Brocklesby,Chris sold 2,294 shares of the stock in a transaction dated Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($14.91), for a total transaction of £27,367.42 ($34,192.18).

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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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