easyJet plc (OTCMKTS:ESYJY) Receives Consensus Rating of “Hold” from Brokerages

Shares of easyJet plc (OTCMKTS:ESYJY) have received an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating and three have issued a buy rating on the company.

A number of equities research analysts have recently issued reports on the stock. Kepler Capital Markets downgraded shares of easyJet from a “buy” rating to a “hold” rating in a research report on Friday, December 12th. Sanford C. Bernstein raised easyJet from a “market perform” rating to an “outperform” rating in a report on Friday, November 28th. JPMorgan Chase & Co. reaffirmed an “underweight” rating on shares of easyJet in a research note on Monday, December 1st. Finally, Morgan Stanley began coverage on easyJet in a research report on Wednesday, October 15th. They set an “underweight” rating on the stock.

easyJet Stock Performance

Shares of OTCMKTS ESYJY opened at $6.85 on Tuesday. easyJet has a 12-month low of $5.19 and a 12-month high of $8.04. The firm has a 50 day moving average of $6.41 and a 200 day moving average of $6.63.

About easyJet

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.