Sanford C. Bernstein Reiterates “GBX 800” Price Target for easyJet (LON:EZJ)

easyJet (LON:EZJGet Rating) received a GBX 800 ($9.71) price target from research analysts at Sanford C. Bernstein in a research note issued on Monday, Borsen Zeitung reports. Sanford C. Bernstein’s target price indicates a potential upside of 85.62% from the stock’s current price.

EZJ has been the topic of a number of other reports. UBS Group set a GBX 855 ($10.38) price objective on easyJet in a report on Monday. Morgan Stanley set a GBX 800 ($9.71) price objective on easyJet in a report on Monday, June 6th. Barclays reaffirmed an “equal weight” rating and issued a GBX 700 ($8.50) price objective on shares of easyJet in a report on Monday, May 23rd. Citigroup reaffirmed a “sell” rating and issued a GBX 425 ($5.16) price objective on shares of easyJet in a report on Tuesday, March 29th. Finally, Deutsche Bank Rese… set a GBX 570 ($6.92) price objective on easyJet in a report on Tuesday, April 19th. Two research analysts have rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of GBX 700.93 ($8.51).

LON EZJ traded down GBX 6.02 ($0.07) on Monday, reaching GBX 430.98 ($5.23). The stock had a trading volume of 13,943,950 shares, compared to its average volume of 5,885,707. The company has a debt-to-equity ratio of 169.63, a current ratio of 1.22 and a quick ratio of 0.96. The firm has a fifty day moving average of GBX 515.46 and a two-hundred day moving average of GBX 556.15. easyJet has a 1-year low of GBX 408.20 ($4.95) and a 1-year high of GBX 1,005.50 ($12.20). The company has a market cap of £3.27 billion and a P/E ratio of -4.02.

easyJet Company Profile (Get Rating)

easyJet plc operates as an airline carrier primarily in Europe. It also leases aircrafts, as well as operates tours; and provides financing services. As of September 31, 2021, the company operated 927 routes with approximately 308 aircrafts in 34 countries; and 153 airports. It sells seats through its own website www.easyjet.com and its ‘easyJet Worldwide' platform, its mobile application, global distribution systems, corporate online booking tools, content aggregators, and tour operator.

Read More

Analyst Recommendations for easyJet (LON:EZJ)

Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.