easyJet plc (LON:EZJ) Receives Average Recommendation of “Hold” from Analysts

Shares of easyJet plc (LON:EZJ) have been assigned a consensus recommendation of “Hold” from the eight research firms that are presently covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is GBX 625.

Several brokerages have commented on EZJ. 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. Peel Hunt reissued a “buy” rating and set a GBX 850 target price on shares of easyJet in a research report on Tuesday, November 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 590 price target on shares of easyJet in a research report on Monday, February 2nd. JPMorgan Chase & Co. lowered easyJet to an “underweight” rating and dropped their price objective for the stock from GBX 500 to GBX 400 in a research note on Monday, December 1st. Finally, UBS Group reissued a “buy” rating and set a GBX 800 price objective on shares of easyJet in a research report on Friday, January 16th.

easyJet Trading Up 0.4%

easyJet stock opened at GBX 486.10 on Friday. easyJet has a one year low of GBX 401.05 and a one year high of GBX 590.60. The company’s fifty day moving average price is GBX 495.15 and its two-hundred day moving average price is GBX 485.72. 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 company has a market capitalization of £3.63 billion, a price-to-earnings ratio of 7.51, a PEG ratio of 0.59 and a beta of 2.49.

easyJet (LON:EZJ) last released its quarterly earnings results 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%. On average, analysts forecast that easyJet will post 67.3369565 earnings per share for the current fiscal year.

Insider Buying and Selling at easyJet

In related news, insider Harald Eisenächer bought 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 26th. The stock was purchased at an average cost of GBX 476 per share, for a total transaction of £19,040. Insiders purchased 4,061 shares of company stock valued at $1,933,698 over the last three months. 15.22% of the stock is currently owned by corporate insiders.

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.