easyJet plc (OTCMKTS:ESYJY) Given Average Recommendation of “Hold” by Brokerages

Shares of easyJet plc (OTCMKTS:ESYJYGet Rating) have been given a consensus recommendation of “Hold” by the twelve analysts that are covering the stock, MarketBeat Ratings reports. Four research analysts have rated the stock with a sell rating and two have assigned a buy rating to the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $657.86.

ESYJY has been the subject of a number of analyst reports. Berenberg Bank cut their price target on easyJet from GBX 750 ($9.06) to GBX 560 ($6.77) in a research note on Thursday, July 28th. Stifel Nicolaus lowered easyJet from a “buy” rating to a “sell” rating in a research note on Wednesday, September 14th. Deutsche Bank Aktiengesellschaft cut their price target on easyJet from GBX 570 ($6.89) to GBX 490 ($5.92) in a research note on Friday, June 24th. JPMorgan Chase & Co. lowered easyJet from a “neutral” rating to an “underweight” rating in a research note on Friday, July 15th. Finally, UBS Group dropped their price objective on shares of easyJet from GBX 855 ($10.33) to GBX 805 ($9.73) in a report on Tuesday, June 21st.

easyJet Stock Performance

OTCMKTS:ESYJY opened at $4.02 on Tuesday. easyJet has a one year low of $4.00 and a one year high of $11.85. The business has a fifty day moving average price of $4.56 and a 200-day moving average price of $5.72.

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.

Further Reading

Analyst Recommendations for easyJet (OTCMKTS:ESYJY)

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