Macquarie Reaffirms Outperform Rating for easyJet plc (EZJ)

Macquarie reissued their outperform rating on shares of easyJet plc (LON:EZJ) in a report issued on Friday morning. They currently have a GBX 1,275 ($16.64) target price on the stock.

Other analysts have also recently issued research reports about the company. Beaufort Securities cut easyJet plc to a hold rating in a report on Tuesday, June 28th. HSBC reaffirmed a hold rating and issued a GBX 1,550 ($20.23) price target on shares of easyJet plc in a report on Thursday, June 2nd. JPMorgan Chase & Co. cut easyJet plc to a neutral rating and lowered their price target for the company from GBX 1,900 ($24.80) to GBX 1,150 ($15.01) in a report on Wednesday, July 20th. Goodbody reiterated a hold rating on shares of easyJet plc in a research report on Friday, July 22nd. Finally, Barclays PLC reiterated an equal weight rating and set a GBX 1,630 ($21.28) price objective on shares of easyJet plc in a research report on Tuesday, June 28th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and eleven have issued a buy rating to the stock. The stock presently has an average rating of Hold and a consensus target price of GBX 1,561.52 ($20.38).

Analyst Recommendations for easyJet plc (LON:EZJ)

easyJet plc (LON:EZJ) opened at 931.32 on Friday. The firm’s market capitalization is GBX 3.67 billion. The firm has a 50-day moving average price of GBX 1,082.17 and a 200 day moving average price of GBX 1,272.60. easyJet plc has a 52 week low of GBX 913.50 and a 52 week high of GBX 1,809.00.

In other news, insider Brocklesby,Chris sold 2,294 shares of the firm’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 bought 1,480 shares of the stock in a transaction dated Wednesday, July 27th. The stock was purchased at an average price of GBX 1,004 ($13.11) per share, with a total value of £14,859.20 ($19,395.90).

About easyJet plc

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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