easyJet (EZJ) Raised to “Buy” at Kepler Capital Markets
Kepler Capital Markets upgraded shares of easyJet (LON:EZJ) to a buy rating in a research report released on Tuesday. The brokerage currently has GBX 1,551 ($20.77) target price on the stock, up from their previous target price of GBX 1,300 ($17.41).
Other analysts also recently issued reports about the company. Sanford C. Bernstein set a GBX 1,600 ($21.43) target price on easyJet and gave the stock a buy rating in a research report on Wednesday, August 16th. Beaufort Securities reiterated a buy rating on shares of easyJet in a research report on Thursday, September 7th. UBS set a GBX 1,465 ($19.62) target price on easyJet and gave the stock a buy rating in a research report on Tuesday, September 5th. Finally, reiterated a buy rating and set a GBX 1,600 ($21.43) target price (up from GBX 1,550 ($20.76)) on shares of easyJet in a research report on Monday, September 4th. Six investment analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have issued a buy rating to the company. easyJet currently has an average rating of Hold and an average price target of GBX 1,356.64 ($18.17).
Shares of easyJet (LON EZJ) traded up GBX 19 ($0.25) during mid-day trading on Tuesday, reaching GBX 1,425 ($19.08). The company had a trading volume of 3,126,463 shares, compared to its average volume of 2,320,000. easyJet has a 52-week low of GBX 906.39 ($12.14) and a 52-week high of GBX 1,444 ($19.34).
In other easyJet news, insider Andrew Findlay bought 115 shares of easyJet stock in a transaction that occurred on Thursday, November 30th. The shares were purchased at an average cost of GBX 1,407 ($18.84) per share, for a total transaction of £1,618.05 ($2,166.93). Insiders have purchased 406 shares of company stock worth $528,685 over the last quarter.
easyJet Company Profile
easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.
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