easyJet (LON:EZJ) Insider Kenton Jarvis Acquires 37 Shares of Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis purchased 37 shares of the business’s stock in a transaction that occurred on Tuesday, March 10th. The shares were purchased at an average cost of GBX 406 per share, with a total value of £150.22.

Kenton Jarvis also recently made the following trade(s):

• On Monday, January 12th, Kenton Jarvis purchased 30 shares of easyJet stock. The shares were acquired at an average cost of GBX 496 per share, with a total value of £148.80.

easyJet Stock Performance

easyJet stock opened at GBX 397.60 on Thursday. easyJet plc has a 12-month low of GBX 389.30 and a 12-month high of GBX 590.60. The stock has a 50-day simple moving average of GBX 475.25 and a 200 day simple moving average of GBX 478.61. The stock has a market capitalization of £2.97 billion, a price-to-earnings ratio of 6.15, a P/E/G ratio of 0.59 and a beta of 1.71. The company has a quick ratio of 1.09, a current ratio of 1.11 and a debt-to-equity ratio of 83.65.

Wall Street Analyst Weigh In

Several brokerages have recently commented on EZJ. Peel Hunt reiterated a “buy” rating and set a GBX 850 price target 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 objective on shares of easyJet in a research note on Monday, February 2nd. UBS Group reiterated a “buy” rating and set a GBX 800 target price on shares of easyJet in a research report on Friday, January 16th. Panmure Gordon increased their price target on easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. lowered easyJet to an “underweight” rating and reduced their price target for the stock from GBX 500 to GBX 400 in a research report on Monday, December 1st. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, easyJet has an average rating of “Hold” and an average price target of GBX 625.

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.