easyJet plc (OTCMKTS:ESYJY) Receives Consensus Recommendation of “Hold” from Analysts

Shares of easyJet plc (OTCMKTS:ESYJY) have been given an average recommendation of “Hold” by the eight analysts that are covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company.

A number of brokerages have weighed in on ESYJY. Sanford C. Bernstein raised easyJet from a “market perform” rating to an “outperform” rating in a report on Friday, November 28th. Morgan Stanley began coverage on easyJet in a report on Wednesday, October 15th. They set an “underweight” rating on the stock. Citigroup reiterated a “neutral” rating on shares of easyJet in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft lowered shares of easyJet from a “hold” rating to a “sell” rating in a research report on Thursday, January 15th. Finally, JPMorgan Chase & Co. reiterated an “underweight” rating on shares of easyJet in a report on Monday, December 1st.

easyJet Trading Down 1.4%

Shares of easyJet stock opened at $6.59 on Wednesday. easyJet has a 52-week low of $5.19 and a 52-week high of $8.04. The company’s 50-day simple moving average is $6.64 and its 200-day simple moving average is $6.48.

easyJet Company Profile

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.