Jet2 plc (LON:JET2) Stock Has Consensus Price Target of GBX 1,616.57 According to Brokerages

Shares of Jet2 plc (LON:JET2) have been given an average recommendation of “Moderate Buy” by the seven brokerages that are presently covering the firm, MarketBeat.com reports. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 1,616.57.

JET2 has been the topic of several research analyst reports. Jefferies Financial Group reiterated a “buy” rating and set a GBX 1,800 price target on shares of Jet2 in a research report on Friday, September 4th. Canaccord Genuity Group raised their price objective on shares of Jet2 from GBX 1,750 to GBX 1,800 and gave the company a “buy” rating in a research report on Thursday, September 3rd. Finally, Deutsche Bank restated a “hold” rating and set a GBX 1,256 price objective on shares of Jet2 in a research report on Friday, September 4th.

Jet2 Stock Performance

JET2 opened at GBX 1,525 on Thursday. The company has a market capitalization of £2.71 billion, a price-to-earnings ratio of 7.32, a price-to-earnings-growth ratio of 9.34 and a beta of 1.23. The company has a debt-to-equity ratio of 62.09, a current ratio of 1.36 and a quick ratio of 1.49. Jet2 has a 1-year low of GBX 980 and a 1-year high of GBX 1,612. The business has a 50 day moving average price of GBX 1,437.32 and a two-hundred day moving average price of GBX 1,323.19.

About Jet2

Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK’s largest package holiday provider, Jet2holidays. Jet2.com is the UK’s third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK’s largest tour operator.