Analysts Set easyJet plc (LON:EZJ) Target Price at GBX 607.14

Shares of easyJet plc (LON:EZJ) have been given a consensus recommendation of “Hold” by the eight research firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, one has issued a hold rating and five have given a buy rating to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is GBX 607.14.

EZJ has been the subject of a number of research analyst reports. Deutsche Bank Aktiengesellschaft cut their price objective 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. Royal Bank Of Canada restated an “outperform” rating and set a GBX 590 target price on shares of easyJet in a research report on Monday, February 2nd. Citigroup reduced their price target on shares of easyJet from GBX 500 to GBX 490 and set a “neutral” rating on the stock in a report on Monday, February 2nd. Finally, UBS Group reiterated a “buy” rating and issued a GBX 800 price target on shares of easyJet in a research note on Friday, January 16th.

easyJet Stock Performance

LON:EZJ opened at GBX 360.30 on Monday. The business has a fifty day simple moving average of GBX 428.96 and a two-hundred day simple moving average of GBX 464.46. The company has a debt-to-equity ratio of 83.65, a current ratio of 1.11 and a quick ratio of 1.09. easyJet has a 1 year low of GBX 337.10 and a 1 year high of GBX 590.60. The company has a market capitalization of £2.69 billion, a P/E ratio of 5.57, a P/E/G ratio of 0.59 and a beta of 1.71.

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.