easyJet plc (LON:EZJ) Given Consensus Rating of “Hold” by Analysts

easyJet plc (LON:EZJ) has received a consensus rating of “Hold” from the six analysts that are currently covering the stock, Marketbeat.com reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is GBX 613.

A number of research firms have recently commented on EZJ. Deutsche Bank Aktiengesellschaft decreased their target price on shares of easyJet from GBX 600 to GBX 535 and set a “hold” rating on the stock in a research report on Friday, September 19th. JPMorgan Chase & Co. downgraded easyJet to an “underweight” rating and decreased their price objective for the company from GBX 500 to GBX 400 in a research report on Monday, December 1st. Peel Hunt reaffirmed a “buy” rating and issued a GBX 850 price objective on shares of easyJet in a research note on Tuesday, November 25th. Citigroup dropped their target price on easyJet from GBX 520 to GBX 500 and set a “neutral” rating for the company in a report on Wednesday, November 26th. Finally, Panmure Gordon increased their price target on easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a report on Tuesday, November 25th.

Insiders Place Their Bets

In other easyJet news, insider Harald Eisenächer acquired 4,000 shares of the company’s stock in a transaction dated Wednesday, November 26th. The shares were purchased at an average cost of GBX 476 per share, for a total transaction of £19,040. Over the last three months, insiders acquired 4,063 shares of company stock worth $1,933,858. Insiders own 15.15% of the company’s stock.

easyJet Trading Down 0.1%

Shares of easyJet stock opened at GBX 515.60 on Friday. easyJet has a 1-year low of GBX 401.05 and a 1-year high of GBX 590.60. The company’s fifty day simple moving average is GBX 483.54 and its 200-day simple moving average is GBX 496.33. 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 stock has a market capitalization of £3.87 billion, a PE ratio of 7.97, a P/E/G ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ) last announced its quarterly earnings data on Tuesday, November 25th. The company reported GBX 66.40 earnings per share (EPS) for the quarter. easyJet had a return on equity of 13.89% and a net margin of 4.27%. As a group, equities analysts anticipate that easyJet will post 67.3369565 earnings per share for the current year.

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. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.