easyJet plc (LON:EZJ)‘s stock had its “reduce” rating reiterated by equities researchers at HSBC in a report released on Friday. They currently have a GBX 800 ($9.90) target price on the stock. HSBC’s target price would suggest a potential downside of 8.62% from the company’s current price.
Several other equities analysts also recently issued reports on EZJ. Deutsche Bank AG reissued a “buy” rating and issued a GBX 1,520 ($18.81) target price on shares of easyJet plc in a research report on Monday, July 25th. Macquarie reissued an “outperform” rating and issued a GBX 1,275 ($15.78) target price on shares of easyJet plc in a research report on Friday, September 30th. Liberum Capital reissued a “sell” rating on shares of easyJet plc in a research report on Tuesday, September 6th. Beaufort Securities raised easyJet plc to a “buy” rating in a research report on Friday, August 5th. Finally, Goldman Sachs Group Inc. reissued a “buy” rating and issued a GBX 1,740 ($21.53) target price on shares of easyJet plc in a research report on Monday, June 27th. Four investment analysts have rated the stock with a sell rating, twelve have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average target price of GBX 1,364.50 ($16.89).
easyJet plc (LON:EZJ) opened at 865.50 on Friday. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,809.00. The stock has a 50 day moving average price of GBX 1,068.72 and a 200 day moving average price of GBX 1,258.61. The stock’s market capitalization is GBX 3.41 billion.
In related news, insider Bierwirth,Andreas bought 1,480 shares of the company’s stock in a transaction that occurred on Wednesday, July 27th. The stock was purchased at an average price of GBX 1,004 ($12.43) per share, for a total transaction of £14,859.20 ($18,390.10). Also, insider Brocklesby,Chris sold 2,294 shares of easyJet plc stock in a transaction that occurred on Friday, September 9th. The shares were sold at an average price of GBX 1,193 ($14.76), for a total transaction of £27,367.42 ($33,870.57).
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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