Bank of America reissued their buy rating on shares of easyJet plc (EZJ.L) (LON:EZJ) in a research note released on Wednesday morning, AR Network reports. Bank of America currently has a GBX 950 ($12.41) target price on the stock.

EZJ has been the subject of a number of other research reports. CSFB reissued a buy rating on shares of easyJet plc (EZJ.L) in a research note on Thursday, October 8th. Credit Suisse Group set a GBX 840 ($10.97) target price on shares of easyJet plc (EZJ.L) and gave the stock a buy rating in a research report on Tuesday, November 17th. Kepler Capital Markets set a GBX 719 ($9.39) price target on easyJet plc (EZJ.L) and gave the company a neutral rating in a research report on Wednesday. Morgan Stanley reiterated a neutral rating and set a GBX 800 ($10.45) price objective on shares of easyJet plc (EZJ.L) in a research report on Wednesday, September 23rd. Finally, Barclays reissued a neutral rating and set a GBX 630 ($8.23) price objective on shares of easyJet plc (EZJ.L) in a report on Wednesday. Two equities research 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 company currently has an average rating of Hold and an average price target of GBX 819.68 ($10.71).

EZJ stock opened at GBX 732.80 ($9.57) on Wednesday. The company’s 50 day moving average is GBX 561.26 and its 200 day moving average is GBX 609.55. The stock has a market cap of $2.24 billion and a price-to-earnings ratio of 11.97. The company has a current ratio of 0.55, a quick ratio of 0.47 and a debt-to-equity ratio of 88.67. easyJet plc has a 1-year low of GBX 410 ($5.36) and a 1-year high of GBX 1,570 ($20.51).

In other news, insider David Robbie acquired 10,000 shares of the firm’s stock in a transaction on Tuesday, November 17th. The shares were purchased at an average price of GBX 756 ($9.88) per share, for a total transaction of £75,600 ($98,771.88). In the last three months, insiders acquired 10,067 shares of company stock worth $7,598,977.

easyJet plc (EZJ.L) Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2019, the company operated 1,051 routes and a fleet of 331 aircrafts. It also engages in the trading and leasing of aircrafts, as well as tour operations; and the provision of graphic design services.

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Analyst Recommendations for easyJet plc (EZJ.L) (LON:EZJ)

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