easyJet (OTCMKTS:ESYJY) Earns Underweight Rating from JPMorgan Chase & Co.

easyJet (OTCMKTS:ESYJY)‘s stock had its “underweight” rating reaffirmed by stock analysts at JPMorgan Chase & Co. in a research note issued on Monday.

Several other research analysts have also recently issued reports on ESYJY. Morgan Stanley initiated coverage on easyJet in a research report on Wednesday, October 15th. They issued an “underweight” rating on the stock. Sanford C. Bernstein raised shares of easyJet from a “market perform” rating to an “outperform” rating in a report on Friday. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, easyJet has an average rating of “Hold”.

easyJet Stock Performance

ESYJY stock opened at $6.64 on Monday. easyJet has a 1 year low of $5.19 and a 1 year high of $8.04. The stock’s fifty day moving average price is $6.28 and its 200-day moving average price is $6.75.

About easyJet

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.