easyJet plc (LON:EZJ) Receives GBX 607.14 Consensus Target Price from Analysts

Shares of easyJet plc (LON:EZJ) have earned a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating on the company. The average 1 year price objective among brokers that have covered the stock in the last year is GBX 607.14.

EZJ has been the topic of several recent analyst reports. Citigroup dropped their price target on easyJet from GBX 500 to GBX 490 and set a “neutral” rating on the stock in a research report on Monday, February 2nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a GBX 590 target price on shares of easyJet in a report on Monday, February 2nd. UBS Group reaffirmed a “buy” rating and set a GBX 800 price objective on shares of easyJet in a research report on Friday, January 16th. Finally, Deutsche Bank Aktiengesellschaft dropped their price objective on shares of easyJet from GBX 465 to GBX 340 and set a “sell” rating on the stock in a research note on Thursday, March 19th.

easyJet Trading Up 5.0%

LON EZJ opened at GBX 364.50 on Monday. The firm’s 50 day moving average price is GBX 434.12 and its two-hundred day moving average price is GBX 465.85. The company has a debt-to-equity ratio of 83.65, a quick ratio of 1.09 and a current ratio of 1.11. easyJet has a twelve month low of GBX 337.10 and a twelve month high of GBX 590.60. The stock has a market cap of £2.72 billion, a price-to-earnings ratio of 5.63, a PEG ratio of 0.59 and a beta of 1.71.

easyJet Company Profile

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.