Shares of easyjet PLC (OTCMKTS:EJTTF – Get Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $6.98, but opened at $8.16. easyjet shares last traded at $8.16, with a volume of 671 shares traded.
Wall Street Analyst Weigh In
Several analysts recently weighed in on the stock. Sanford C. Bernstein cut shares of easyjet from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. UBS Group downgraded shares of easyjet from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 30th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.
Check Out Our Latest Report on easyjet
easyjet Stock Up 16.9%
About easyjet
easyJet plc is a UK-based low-cost airline known for operating scheduled point-to-point flights across Europe, Turkey, North Africa and select destinations in the Middle East. Trading under the symbol EJTTF on the OTC Markets, the company offers no-frills air travel with a focus on affordable fares and ancillary revenues from services such as seat selection, in-flight catering and checked baggage.
Founded in 1995 by Stelios Haji-Ioannou and commencing operations in 1996, easyJet pioneered the low-cost carrier model in Europe, targeting both leisure and business travelers with a streamlined cost structure and high aircraft utilization.
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