easyJet plc (LON:EZJ) had its price objective lowered by Citigroup Inc. from GBX 1,500 ($19.58) to GBX 1,200 ($15.66) in a research note published on Friday. Citigroup Inc. currently has a buy rating on the stock.
Other analysts have also issued research reports about the stock. Goldman Sachs Group Inc. reissued a buy rating and issued a GBX 1,740 ($22.71) price target on shares of easyJet plc in a report on Monday, June 27th. Deutsche Bank AG lowered their target price on shares of easyJet plc from GBX 1,830 ($23.89) to GBX 1,520 ($19.84) and set a buy rating for the company in a report on Thursday, July 7th. Beaufort Securities raised shares of easyJet plc to a buy rating in a report on Friday, August 5th. Liberum Capital reaffirmed a buy rating and set a GBX 1,930 ($25.19) target price on shares of easyJet plc in a report on Thursday, August 25th. Finally, Barclays PLC reaffirmed an equal weight rating and set a GBX 1,630 ($21.28) target price on shares of easyJet plc in a report on Tuesday, June 28th. Four equities research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus target price of GBX 1,364.50 ($17.81).
Shares of easyJet plc (LON:EZJ) traded down 1.9641% during mid-day trading on Friday, hitting GBX 878.4015. The company had a trading volume of 3,454,745 shares. easyJet plc has a one year low of GBX 862.56 and a one year high of GBX 1,809.00. The firm’s 50-day moving average price is GBX 1,075.18 and its 200 day moving average price is GBX 1,266.44. The company’s market capitalization is GBX 3.46 billion.
In other easyJet plc news, insider Brocklesby,Chris sold 2,294 shares of the stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($15.57), for a total transaction of £27,367.42 ($35,723.04). Also, insider Bierwirth,Andreas bought 1,480 shares of the firm’s stock in a transaction on Wednesday, July 27th. The shares were acquired at an average price of GBX 1,004 ($13.11) per share, for a total transaction of £14,859.20 ($19,395.90).
easyJet plc Company Profile
easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.
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