easyJet (LON:EZJ) PT Set at GBX 825 by The Goldman Sachs Group

easyJet (LON:EZJGet Rating) has been given a GBX 825 ($10.75) price target by The Goldman Sachs Group in a note issued to investors on Tuesday, Borsen Zeitung reports. The Goldman Sachs Group’s target price would indicate a potential upside of 51.78% from the stock’s current price.

Several other equities analysts also recently commented on EZJ. Barclays reiterated an “equal weight” rating and issued a GBX 705 ($9.19) price objective on shares of easyJet in a research note on Tuesday, March 29th. Berenberg Bank set a GBX 750 ($9.77) price objective on easyJet in a research note on Thursday, March 31st. Liberum Capital reiterated a “buy” rating and issued a GBX 800 ($10.42) price objective on shares of easyJet in a research note on Tuesday, February 15th. Sanford C. Bernstein set a GBX 800 ($10.42) price objective on easyJet in a research note on Tuesday. Finally, JPMorgan Chase & Co. set a GBX 620 ($8.08) price objective on easyJet in a research note on Monday. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of GBX 697.93 ($9.09).

Shares of EZJ stock traded up GBX 0.96 ($0.01) during trading on Tuesday, hitting GBX 543.56 ($7.08). The company’s stock had a trading volume of 6,508,082 shares, compared to its average volume of 6,260,016. The company has a market cap of £4.12 billion and a PE ratio of -3.41. The company has a current ratio of 1.56, a quick ratio of 1.40 and a debt-to-equity ratio of 169.72. The business has a fifty day moving average of GBX 576.25 and a 200-day moving average of GBX 590.43. easyJet has a 52 week low of GBX 417.40 ($5.44) and a 52 week high of GBX 1,095 ($14.27).

In other easyJet news, insider Stephen Hester acquired 20,000 shares of the stock in a transaction that occurred on Friday, March 4th. The shares were bought at an average price of GBX 480 ($6.25) per share, for a total transaction of £96,000 ($125,097.73). Also, insider Julie Southern acquired 1,517 shares of the stock in a transaction that occurred on Tuesday, February 22nd. The stock was acquired at an average price of GBX 656 ($8.55) per share, for a total transaction of £9,951.52 ($12,967.84). Insiders purchased 21,567 shares of company stock worth $10,625,070 in the last quarter.

easyJet Company Profile (Get Rating)

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. It also engages in the trading and leasing of aircrafts, as well as in tour operations; develops building projects; and provides financing services. As of September 30, 2020, the company operated 981 routes and a fleet of 342 aircrafts.

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