easyJet plc (EZJ) Given Hold Rating at Investec

Investec reaffirmed their hold rating on shares of easyJet plc (LON:EZJ) in a report issued on Monday. Investec currently has a GBX 1,400 ($18.41) price target on the stock.

A number of other equities research analysts have also recently weighed in on the company. UBS AG reiterated a buy rating on shares of easyJet plc in a research note on Monday, September 11th. HSBC Holdings plc upped their price target on easyJet plc from GBX 1,550 ($20.38) to GBX 1,600 ($21.04) and gave the stock a buy rating in a research note on Friday, July 21st. Credit Suisse Group restated an outperform rating and set a GBX 1,583 ($20.81) price target on shares of easyJet plc in a research note on Thursday, September 14th. Beaufort Securities restated a buy rating on shares of easyJet plc in a research note on Friday, July 7th. Finally, Sanford C. Bernstein set a GBX 1,600 ($21.04) price target on easyJet plc and gave the stock a buy rating in a research note on Tuesday, June 27th. Six investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and seven have issued a buy rating to the stock. The stock has an average rating of Hold and an average price target of GBX 1,254.48 ($16.49).

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In other easyJet plc news, insider Andrew Findlay purchased 135 shares of the firm’s stock in a transaction on Thursday, August 31st. The shares were purchased at an average cost of GBX 1,195 ($15.71) per share, with a total value of £1,613.25 ($2,121.02). In the last ninety days, insiders have purchased 433 shares of company stock worth $529,987.

About easyJet plc

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet plc (LON:EZJ)

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