easyJet plc (LON:EZJ) Given Average Rating of “Hold” by Brokerages

easyJet plc (LON:EZJ) has earned a consensus rating of “Hold” from the eight research firms that are currently covering the firm, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, one has issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is GBX 551.43.

Several research analysts recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reduced their target price on shares of easyJet from GBX 465 to GBX 340 and set a “sell” rating for the company in a report on Thursday, March 19th. Citigroup reduced their target price on shares of easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a report on Monday, February 2nd. UBS Group reissued a “buy” rating and set a GBX 635 target price on shares of easyJet in a report on Monday. JPMorgan Chase & Co. reduced their target price on shares of easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada reduced their target price on shares of easyJet from GBX 440 to GBX 415 and set an “outperform” rating for the company in a report on Friday, April 17th.

easyJet Trading Down 0.5%

LON EZJ opened at GBX 344.90 on Tuesday. The company has a fifty day simple moving average of GBX 366.83 and a two-hundred day simple moving average of GBX 443.21. The stock has a market cap of £2.58 billion, a P/E ratio of 5.33, a P/E/G ratio of 0.59 and a beta of 1.71. easyJet has a 12-month low of GBX 332.60 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.

easyJet Company Profile

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.