easyJet (OTCMKTS:ESYJY) Lowered to “Market Perform” Rating by Sanford C. Bernstein

Sanford C. Bernstein lowered shares of easyJet (OTCMKTS:ESYJY) from an outperform rating to a market perform rating in a research note issued to investors on Monday, Marketbeat.com reports.

Several other research analysts also recently commented on the stock. Deutsche Bank Aktiengesellschaft downgraded shares of easyJet from a “hold” rating to a “sell” rating in a research note on Thursday, January 15th. Citigroup raised shares of easyJet from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 11th. Three analysts have rated the stock with a Buy rating, two have issued a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, easyJet currently has an average rating of “Hold”.

easyJet Stock Down 1.8%

Shares of OTCMKTS ESYJY opened at $5.23 on Monday. easyJet has a 52 week low of $4.61 and a 52 week high of $8.04. The firm’s fifty day moving average is $5.71 and its 200 day moving average is $6.20.

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.