easyJet plc (OTCMKTS:ESYJY) Given Consensus Rating of “Reduce” by Brokerages

easyJet plc (OTCMKTS:ESYJY) has received a consensus recommendation of “Reduce” from the nine analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company.

Several research analysts recently issued reports on the stock. Barclays reiterated an “overweight” rating on shares of easyJet in a research report on Monday, June 15th. Morgan Stanley reaffirmed an “underweight” rating on shares of easyJet in a research note on Wednesday, June 24th. Deutsche Bank Aktiengesellschaft upgraded easyJet from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Sanford C. Bernstein lowered easyJet from an “outperform” rating to a “market perform” rating in a research report on Monday, April 13th. Finally, UBS Group cut easyJet to a “neutral” rating in a report on Tuesday, June 30th.

easyJet Price Performance

Shares of OTCMKTS:ESYJY opened at $9.10 on Thursday. The company’s fifty day moving average price is $7.76 and its 200-day moving average price is $6.35. easyJet has a one year low of $4.57 and a one year high of $9.17.

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.