easyJet plc (LON:EZJ)‘s stock had its “buy” rating reaffirmed by research analysts at HSBC Holdings plc in a note issued to investors on Tuesday. They currently have a GBX 1,450 ($18.86) price target on the stock. HSBC Holdings plc’s target price points to a potential upside of 7.89% from the stock’s previous close.
EZJ has been the subject of a number of other research reports. Beaufort Securities restated a “buy” rating on shares of easyJet plc in a research note on Monday, May 8th. Davy Research lowered easyJet plc to an “underperform” rating and set a GBX 850 ($11.06) price objective for the company. in a research note on Friday, January 27th. Liberum Capital restated a “sell” rating and set a GBX 825 ($10.73) price objective on shares of easyJet plc in a research note on Friday, May 5th. BNP Paribas raised their price objective on easyJet plc from GBX 880 ($11.45) to GBX 970 ($12.62) and gave the company a “neutral” rating in a research note on Tuesday, April 11th. Finally, JPMorgan Chase & Co. restated an “underweight” rating and set a GBX 950 ($12.36) price objective on shares of easyJet plc in a research note on Wednesday, January 25th. Six analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and an average target price of GBX 1,086.05 ($14.13).
Shares of easyJet plc (LON:EZJ) opened at 1364.00 on Tuesday. The stock’s market cap is GBX 5.36 billion. easyJet plc has a 1-year low of GBX 851.00 and a 1-year high of GBX 1,566.00. The company’s 50-day moving average price is GBX 1,176.94 and its 200 day moving average price is GBX 1,044.25.
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In related news, insider Andrew Findlay purchased 160 shares of the business’s stock in a transaction that occurred on Friday, March 31st. The shares were acquired at an average price of GBX 1,014 ($13.19) per share, with a total value of £1,622.40 ($2,110.58). In the last three months, insiders purchased 373 shares of company stock worth $368,167.
easyJet plc Company Profile
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.
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