easyJet plc (LON:EZJ) Insider Sue Clark Buys 17,281 Shares

easyJet plc (LON:EZJ) insider Sue Clark acquired 17,281 shares of the firm’s stock in a transaction dated Monday, September 4th. The shares were purchased at an average price of GBX 435 ($5.49) per share, with a total value of £75,172.35 ($94,938.56).

easyJet Stock Performance

EZJ opened at GBX 435.40 ($5.50) on Wednesday. The company has a current ratio of 0.95, a quick ratio of 1.09 and a debt-to-equity ratio of 189.59. The company has a market cap of £3.30 billion, a price-to-earnings ratio of -7,253.33, a PEG ratio of 2.31 and a beta of 2.48. The company’s 50 day moving average is GBX 456.80 and its 200 day moving average is GBX 480.58. easyJet plc has a 12-month low of GBX 276.87 ($3.50) and a 12-month high of GBX 582.71 ($7.36).

Wall Street Analysts Forecast Growth

EZJ has been the topic of a number of recent research reports. JPMorgan Chase & Co. raised their price objective on shares of easyJet from GBX 550 ($6.95) to GBX 570 ($7.20) and gave the company a “neutral” rating in a research note on Monday, July 3rd. Deutsche Bank Aktiengesellschaft dropped their price target on shares of easyJet from GBX 635 ($8.02) to GBX 585 ($7.39) and set a “buy” rating on the stock in a research report on Wednesday, July 12th. Barclays restated an “overweight” rating and set a GBX 580 ($7.33) price objective on shares of easyJet in a report on Friday, May 19th. Finally, Liberum Capital restated a “buy” rating and set a GBX 690 ($8.71) price objective on shares of easyJet in a report on Monday, May 22nd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of GBX 555 ($7.01).

easyJet Company Profile

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.