easyJet plc (OTCMKTS:ESYJY) Receives Average Recommendation of “Hold” from Brokerages

Shares of easyJet plc (OTCMKTS:ESYJY) have earned a consensus recommendation of “Hold” from the eight analysts that are currently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a sell rating, two have issued a hold rating and three have given a buy rating to the company.

Several equities analysts have recently commented on ESYJY shares. Royal Bank Of Canada restated an “outperform” rating on shares of easyJet in a research note on Friday, April 17th. Citigroup upgraded easyJet from a “neutral” rating to a “buy” rating in a research note on Wednesday, February 11th. Deutsche Bank Aktiengesellschaft lowered easyJet from a “hold” rating to a “sell” rating in a research note on Thursday, January 15th. Finally, Sanford C. Bernstein lowered easyJet from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th.

easyJet Stock Performance

Shares of easyJet stock opened at $5.00 on Monday. easyJet has a 12 month low of $4.61 and a 12 month high of $8.04. The stock’s fifty day moving average price is $5.47 and its 200-day moving average price is $6.14.

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.