easyJet plc (LON:EZJ) Receives Average Recommendation of “Hold” from Brokerages

Shares of easyJet plc (LON:EZJ) have received a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price target among brokerages that have covered the stock in the last year is GBX 551.43.

A number of research firms recently commented on EZJ. Deutsche Bank Aktiengesellschaft decreased their target price on shares of easyJet from GBX 465 to GBX 340 and set a “sell” rating for the company in a research report on Thursday, March 19th. UBS Group restated a “buy” rating and set a GBX 635 price target on shares of easyJet in a research note on Monday. JPMorgan Chase & Co. decreased their price target on shares of easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a report on Wednesday, April 15th. Royal Bank Of Canada decreased their price target on shares of easyJet from GBX 440 to GBX 415 and set an “outperform” rating for the company in a report on Friday, April 17th. Finally, Citigroup decreased their price target on shares of easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a report on Monday, February 2nd.

easyJet Trading Down 0.5%

LON:EZJ opened at GBX 344.90 on Tuesday. easyJet has a 52 week low of GBX 332.60 and a 52 week high of GBX 590.60. The firm has a 50 day moving average of GBX 366.83 and a 200 day moving average of GBX 443.21. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 83.65. The stock has a market capitalization of £2.58 billion, a price-to-earnings ratio of 5.33, a PEG ratio of 0.59 and a beta of 1.71.

About easyJet

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.