easyJet (LON:EZJ) Receives “Neutral” Rating from Deutsche Bank
Deutsche Bank restated their neutral rating on shares of easyJet (LON:EZJ) in a report issued on Wednesday morning, Borsen Zeitung reports. The firm currently has a GBX 1,150 ($15.03) price objective on the stock.
EZJ has been the topic of several other research reports. Liberum Capital reiterated a hold rating and issued a GBX 1,100 ($14.37) price target on shares of easyJet in a report on Tuesday. JPMorgan Chase & Co. increased their price target on easyJet from GBX 1,060 ($13.85) to GBX 1,260 ($16.46) and gave the stock a neutral rating in a report on Tuesday. Sanford C. Bernstein increased their price objective on easyJet from GBX 1,000 ($13.07) to GBX 1,330 ($17.38) and gave the stock a market perform rating in a research note on Wednesday, October 30th. Berenberg Bank reissued a buy rating and issued a GBX 1,260 ($16.46) price objective on shares of easyJet in a research note on Tuesday. Finally, Barclays raised easyJet to an equal weight rating and increased their price objective for the stock from GBX 1,100 ($14.37) to GBX 1,250 ($16.33) in a research note on Wednesday. Three analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and a consensus target price of GBX 1,259.82 ($16.46).
LON:EZJ traded down GBX 15.50 ($0.20) on Wednesday, hitting GBX 1,332.50 ($17.41). The stock had a trading volume of 1,399,426 shares, compared to its average volume of 2,170,000. The business’s fifty day moving average is GBX 1,236.65 and its 200 day moving average is GBX 1,045.05. The company has a market cap of $5.35 billion and a PE ratio of 27.25. The company has a quick ratio of 0.50, a current ratio of 0.60 and a debt-to-equity ratio of 58.86. easyJet has a 52 week low of GBX 840 ($10.98) and a 52 week high of GBX 1,367.50 ($17.87).
easyJet Company Profile
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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