easyJet’s (EZJ) Overweight Rating Reiterated at JPMorgan Chase & Co.

easyJet (LON:EZJ)‘s stock had its “overweight” rating reiterated by research analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday, MarketBeat.com reports.

Separately, Barclays reissued an “overweight” rating and set a GBX 700 ($8.79) target price on shares of easyJet in a research report on Tuesday, February 6th.

easyJet Stock Up 2.9 %

Shares of EZJ traded up GBX 14.60 ($0.18) during mid-day trading on Wednesday, hitting GBX 524.80 ($6.59). The company’s stock had a trading volume of 7,071,581 shares, compared to its average volume of 4,589,698. easyJet has a 52-week low of GBX 350 ($4.40) and a 52-week high of GBX 591.07 ($7.43). The company’s 50-day moving average is GBX 544.68 and its 200-day moving average is GBX 505.03. The company has a current ratio of 1.00, a quick ratio of 1.09 and a debt-to-equity ratio of 104.20. The firm has a market capitalization of £3.95 billion, a price-to-earnings ratio of 1,220.47, a PEG ratio of 2.31 and a beta of 2.58.

easyJet Company Profile

easyJet plc operates as a low-cost airline carrier in Europe. The company engages in the provision of holiday packages; aircraft trading and leasing activities; development of building projects; financing and insurance business; and tour operator activities. easyJet plc was founded in 1995 and is headquartered in Luton, the United Kingdom.