Jet2’s (JET2) Buy Rating Reaffirmed at Canaccord Genuity Group

Canaccord Genuity Group restated their buy rating on shares of Jet2 (LON:JET2) in a research report released on Wednesday morning, MarketBeat Ratings reports. They currently have a GBX 1,900 ($23.47) target price on the stock.

JET2 has been the topic of a number of other reports. Royal Bank of Canada reiterated an outperform rating and set a GBX 1,950 ($24.09) target price on shares of Jet2 in a research note on Friday, April 12th. Jefferies Financial Group reiterated a buy rating and set a GBX 1,800 ($22.23) target price on shares of Jet2 in a research note on Friday, February 16th.

Jet2 Trading Up 1.0 %

LON JET2 opened at GBX 1,413.48 ($17.46) on Wednesday. The stock has a market capitalization of £3.03 billion, a price-to-earnings ratio of 769.23, a PEG ratio of 9.34 and a beta of 2.26. Jet2 has a one year low of GBX 960 ($11.86) and a one year high of GBX 1,568 ($19.37). The company has a debt-to-equity ratio of 87.09, a current ratio of 1.62 and a quick ratio of 1.49. The business’s fifty day moving average is GBX 1,424.07 and its 200-day moving average is GBX 1,275.61.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.