easyJet plc (OTCMKTS:ESYJY) Given Average Recommendation of “Reduce” by Analysts

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

A number of equities analysts have recently weighed in on ESYJY shares. UBS Group lowered easyJet to a “neutral” rating in a research note on Tuesday, June 30th. Deutsche Bank Aktiengesellschaft upgraded shares of easyJet from a “sell” rating to a “hold” rating in a report on Wednesday, June 10th. Citigroup reissued a “neutral” rating on shares of easyJet in a research note on Monday, July 13th. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of easyJet in a research note on Monday, August 24th. Finally, Morgan Stanley reaffirmed an “underweight” rating on shares of easyJet in a research report on Wednesday, June 24th.

easyJet Price Performance

OTCMKTS:ESYJY opened at $9.03 on Monday. The stock has a 50-day simple moving average of $8.65 and a two-hundred day simple moving average of $6.68. easyJet has a 52-week low of $4.57 and a 52-week high of $9.25.

easyJet Company Profile

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.