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

easyJet plc (LON:EZJ) has been assigned a consensus rating of “Hold” from the eight analysts that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and five have issued a buy rating 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 575.

Several analysts recently issued reports on EZJ shares. Citigroup reduced their price target on shares of easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft reduced their price target on shares of easyJet from GBX 465 to GBX 340 and set a “sell” rating for the company in a research report on Thursday, March 19th. JPMorgan Chase & Co. reduced their price target on shares of easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a research report on Wednesday, April 15th. Royal Bank Of Canada reduced their price target on shares of easyJet from GBX 440 to GBX 415 and set an “outperform” rating for the company in a research report on Friday, April 17th. Finally, UBS Group reissued a “buy” rating and issued a GBX 800 price target on shares of easyJet in a research report on Friday, January 16th.

easyJet Stock Performance

LON EZJ opened at GBX 361.60 on Friday. The company has a fifty day simple moving average of GBX 399.67 and a 200 day simple moving average of GBX 456.70. easyJet has a 12-month low of GBX 337.10 and a 12-month high of GBX 590.60. The company has a current ratio of 1.11, a quick ratio of 1.09 and a debt-to-equity ratio of 83.65. The company has a market cap of £2.70 billion, a P/E ratio of 5.59, a PEG ratio of 0.59 and a beta of 1.76.

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.