easyJet (LON:EZJ) Given a GBX 600 Price Target at UBS Group

UBS Group set a GBX 600 ($7.31) price objective on easyJet (LON:EZJGet Rating) in a report released on Tuesday morning, Borsen Zeitung reports.

Several other equities analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft raised shares of easyJet to a buy rating and boosted their price objective for the company from GBX 410 ($5.00) to GBX 580 ($7.07) in a research note on Tuesday, February 14th. Liberum Capital boosted their price target on shares of easyJet from GBX 430 ($5.24) to GBX 560 ($6.83) and gave the stock a buy rating in a research note on Tuesday, January 24th. JPMorgan Chase & Co. boosted their price target on shares of easyJet from GBX 310 ($3.78) to GBX 370 ($4.51) and gave the stock an underweight rating in a research note on Thursday, February 2nd. Sanford C. Bernstein set a GBX 500 ($6.09) price objective on shares of easyJet in a research note on Wednesday, January 25th. Finally, Barclays set a GBX 510 ($6.22) price objective on shares of easyJet in a research note on Tuesday, February 21st. Two equities research analysts have rated the stock with a sell rating and five have given a buy rating to the company. According to data from MarketBeat.com, easyJet presently has an average rating of Hold and a consensus target price of GBX 571.17 ($6.96).

easyJet Stock Performance

LON EZJ opened at GBX 505.20 ($6.16) on Tuesday. The company’s 50 day moving average is GBX 467.63 and its 200-day moving average is GBX 390.78. easyJet has a 12-month low of GBX 276.87 ($3.37) and a 12-month high of GBX 604.24 ($7.36). The company has a quick ratio of 1.09, a current ratio of 1.34 and a debt-to-equity ratio of 170.15. The firm has a market cap of ¬£3.83 billion, a P/E ratio of -2,296.36, a price-to-earnings-growth ratio of 2.31 and a beta of 2.51.

easyJet Company Profile

(Get Rating)

easyJet plc operates as a low-cost airline carrier in Europe. It also engages in the sale of holiday packages; aircraft trading and leasing; development of building projects; financing and insurance business; and tour operator activities. As of September 30, 2022, it operated 320 aircrafts, 988 routes, and 153 airports.

Further Reading

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.