easyJet plc (LON:EZJ) Given Consensus Rating of “Hold” by Analysts

easyJet plc (LON:EZJ) has earned an average recommendation of “Hold” from the eight analysts that are presently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have given a hold recommendation and four have assigned a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is GBX 646.43.

A number of brokerages have recently issued reports on EZJ. UBS Group reissued a “buy” rating and issued a GBX 635 price objective on shares of easyJet in a research note on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 340 target price on shares of easyJet in a report on Tuesday, June 2nd. Royal Bank Of Canada boosted their price target on easyJet from GBX 600 to GBX 715 and gave the company a “sector perform” rating in a research note on Friday, August 21st. Finally, JPMorgan Chase & Co. increased their price target on easyJet from GBX 360 to GBX 715 and gave the stock a “neutral” rating in a report on Friday, August 7th.

easyJet Stock Performance

Shares of easyJet stock opened at GBX 674.80 on Thursday. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36. The business has a 50-day moving average price of GBX 623.59 and a two-hundred day moving average price of GBX 482.12. easyJet has a 1-year low of GBX 332.60 and a 1-year high of GBX 683.80. The company has a market cap of £5.04 billion, a P/E ratio of 12.47, a PEG ratio of 0.59 and a beta of 1.72.

About easyJet

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.