easyJet plc (OTCMKTS:ESYJY) Given Consensus Rating of “Hold” by Brokerages

easyJet plc (OTCMKTS:ESYJY) has been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the company, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, two have given a hold recommendation and three have given a buy recommendation to the company.

A number of research firms have issued reports on ESYJY. Sanford C. Bernstein raised easyJet from a “market perform” rating to an “outperform” rating in a research report on Friday, November 28th. Kepler Capital Markets cut easyJet from a “buy” rating to a “hold” rating in a research note on Friday, December 12th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of easyJet in a report on Monday, December 1st. Finally, Morgan Stanley started coverage on shares of easyJet in a research note on Wednesday, October 15th. They issued an “underweight” rating for the company.

easyJet Price Performance

easyJet stock opened at $6.84 on Tuesday. The firm has a 50 day moving average price of $6.43 and a 200-day moving average price of $6.62. easyJet has a twelve month low of $5.19 and a twelve month high of $8.04.

About easyJet

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.