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).

The business also recently disclosed a dividend, which will be paid on Friday, March 23rd. Stockholders of record on Thursday, March 1st will be given a GBX 40.90 ($0.55) dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a dividend yield of 3%.

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.

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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.

Analyst Recommendations for easyJet (LON:EZJ)

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