easyJet’s (EZJ) Equal Weight Rating Reiterated at Barclays

Barclays reissued their equal weight rating on shares of easyJet (LON:EZJGet Rating) in a research report sent to investors on Monday, MarketBeat.com reports. Barclays currently has a GBX 700 ($8.81) price target on the stock.

A number of other analysts have also weighed in on the company. Credit Suisse Group set a GBX 709 ($8.92) target price on easyJet in a research note on Tuesday, April 12th. Deutsche Bank Rese… set a GBX 570 ($7.17) price target on easyJet in a report on Tuesday, April 19th. Citigroup reiterated a sell rating and issued a GBX 425 ($5.35) price target on shares of easyJet in a report on Tuesday, March 29th. The Goldman Sachs Group set a GBX 840 ($10.57) price target on easyJet in a report on Thursday, May 19th. Finally, Liberum Capital reiterated a buy rating and issued a GBX 800 ($10.07) price target on shares of easyJet in a report on Wednesday, April 13th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eight have assigned a buy rating to the stock. According to MarketBeat.com, easyJet currently has a consensus rating of Hold and a consensus price target of GBX 698.27 ($8.79).

Shares of LON:EZJ opened at GBX 524.60 ($6.60) on Monday. easyJet has a twelve month low of GBX 417.40 ($5.25) and a twelve month high of GBX 1,024 ($12.89). The firm has a market cap of £3.98 billion and a PE ratio of -3.30. The company has a debt-to-equity ratio of 169.72, a quick ratio of 1.40 and a current ratio of 1.56. The business has a fifty day moving average of GBX 534.63 and a 200-day moving average of GBX 565.86.

In other easyJet news, insider Stephen Hester bought 20,000 shares of the firm’s stock in a transaction that occurred on Friday, March 4th. The shares were acquired at an average cost of GBX 480 ($6.04) per share, with a total value of £96,000 ($120,800.30). Insiders have purchased a total of 20,060 shares of company stock worth $9,629,978 over the last three months.

easyJet Company Profile (Get Rating)

easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its ‘easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator.

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