Sanford C. Bernstein set a GBX 1,600 ($21.53) target price on easyJet (LON:EZJ) in a research note issued to investors on Thursday morning. The firm currently has a buy rating on the stock.

A number of other equities analysts also recently weighed in on the company. UBS restated a buy rating on shares of easyJet in a research note on Monday, September 11th. Numis Securities downgraded easyJet to a sell rating in a research note on Monday, October 16th. Credit Suisse Group restated an outperform rating and issued a GBX 1,583 ($21.31) target price on shares of easyJet in a research note on Thursday, September 14th. Liberum Capital restated a sell rating and issued a GBX 1,100 ($14.80) target price on shares of easyJet in a research note on Monday, November 6th. Finally, cut their target price on easyJet from to and set a buy rating on the stock in a research note on Thursday, October 5th. Five analysts have rated the stock with a sell rating, nine have assigned a hold rating and eleven have issued a buy rating to the company. easyJet presently has an average rating of Hold and an average target price of GBX 1,375.84 ($18.52).

Shares of easyJet (LON:EZJ) traded down GBX 9 ($0.12) during midday trading on Thursday, hitting GBX 1,417 ($19.07). The stock had a trading volume of 7,299,268 shares, compared to its average volume of 2,340,000. easyJet has a 12-month low of GBX 906.39 ($12.20) and a 12-month high of GBX 1,468.01 ($19.76).

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

In related news, insider Andrew Findlay bought 122 shares of the company’s stock in a transaction on Tuesday, October 31st. The shares were purchased at an average price of GBX 1,322 ($17.79) per share, for a total transaction of £1,612.84 ($2,170.71). Also, insider Johan Lundgren purchased 20,000 shares of the firm’s stock in a transaction dated Wednesday, December 6th. The stock was purchased at an average cost of GBX 1,442 ($19.41) per share, for a total transaction of £288,400 ($388,156.12). In the last 90 days, insiders have acquired 20,403 shares of company stock worth $29,367,632.

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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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