easyJet plc (LON:EZJ) was downgraded by stock analysts at Bank of America Corp. to a “neutral” rating in a note issued to investors on Friday. They presently have a GBX 1,050 ($13.71) price target on the stock, down from their prior price target of GBX 1,300 ($16.97). Bank of America Corp.’s price target would suggest a potential upside of 12.48% from the company’s current price.
EZJ has been the subject of a number of other research reports. Investec downgraded easyJet plc to a “hold” rating and dropped their price objective for the company from GBX 2,050 ($26.76) to GBX 1,100 ($14.36) in a report on Friday, July 22nd. Beaufort Securities restated a “hold” rating on shares of easyJet plc in a report on Friday, July 22nd. Goodbody restated a “hold” rating on shares of easyJet plc in a report on Thursday. Liberum Capital restated a “sell” rating on shares of easyJet plc in a report on Thursday, August 4th. Finally, Barclays PLC lowered their price target on easyJet plc from GBX 1,150 ($15.01) to GBX 1,050 ($13.71) and set an “equal weight” rating for the company in a report on Wednesday, September 14th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eleven have given a buy rating to the stock. The stock currently has an average rating of “Hold” and a consensus price target of GBX 1,425.75 ($18.61).
easyJet plc (LON:EZJ) opened at 894.00 on Friday. easyJet plc has a 52 week low of GBX 888.66 and a 52 week high of GBX 1,809.00. The company’s market capitalization is GBX 3.52 billion. The company has a 50 day moving average price of GBX 1,078.65 and a 200-day moving average price of GBX 1,270.21.
In other easyJet plc news, insider Brocklesby,Chris sold 2,294 shares of the company’s stock in a transaction that occurred on Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($15.57), for a total value of £27,367.42 ($35,723.04). Also, insider Bierwirth,Andreas acquired 1,480 shares of the company’s stock in a transaction on Wednesday, July 27th. The stock was 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.
Receive News & Ratings for easyJet plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet plc and related companies with MarketBeat.com's FREE daily email newsletter.