JPMorgan Chase & Co. Reiterates “Neutral” Rating for easyJet (LON:EZJ)

easyJet (LON:EZJ)‘s stock had its “neutral” rating restated by equities researchers at JPMorgan Chase & Co. in a research note issued to investors on Wednesday, MarketBeat reports.

EZJ has been the subject of several other research reports. Deutsche Bank Aktiengesellschaft lowered their target price on shares of easyJet from GBX 600 to GBX 535 and set a “hold” rating for the company in a research note on Friday, September 19th. Jefferies Financial Group reaffirmed a “buy” rating on shares of easyJet in a research note on Monday, September 22nd. One research analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 617.50.

easyJet Trading Down 0.1%

Shares of EZJ stock opened at GBX 480.34 on Wednesday. The company has a debt-to-equity ratio of 110.33, a current ratio of 1.02 and a quick ratio of 1.09. The firm has a market cap of £3.61 billion, a PE ratio of 882.99, a price-to-earnings-growth ratio of 0.59 and a beta of 2.49. The company has a 50-day moving average of GBX 479.25 and a two-hundred day moving average of GBX 502.72. easyJet has a 1-year low of GBX 401.05 and a 1-year high of GBX 594.

Insider Activity

In other easyJet news, insider Sue Clark purchased 7,680 shares of easyJet stock in a transaction dated Thursday, September 18th. The shares were acquired at an average price of GBX 459 per share, with a total value of £35,251.20. Corporate insiders own 15.15% of the company’s stock.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service.