HSBC Holdings plc Reiterates “GBX 1,550” Price Target for easyJet plc (EZJ)

HSBC Holdings plc set a GBX 1,550 ($20.02) price objective on easyJet plc (LON:EZJ) in a research report sent to investors on Thursday morning. The brokerage currently has a buy rating on the stock.

Other equities analysts have also issued reports about the stock. Beaufort Securities reiterated a buy rating on shares of easyJet plc in a report on Wednesday, June 7th. Citigroup Inc. restated a buy rating and issued a GBX 1,400 ($18.08) price objective (up from GBX 1,100 ($14.21)) on shares of easyJet plc in a report on Thursday, May 18th. UBS AG restated a buy rating and issued a price objective on shares of easyJet plc in a report on Friday, June 23rd. Sanford C. Bernstein set a GBX 1,600 ($20.66) price objective on shares of easyJet plc and gave the stock a buy rating in a report on Tuesday, June 27th. Finally, Credit Suisse Group set a GBX 1,583 ($20.44) price objective on shares of easyJet plc and gave the stock a buy rating in a report on Friday, July 7th. Seven investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and eight have assigned a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of GBX 1,247.04 ($16.11).

easyJet plc (LON:EZJ) opened at 1226.00 on Thursday. The stock’s 50 day moving average is GBX 1,236.81 and its 200-day moving average is GBX 1,214.76. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,444.00. The stock’s market capitalization is GBX 4.82 billion.

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In other news, insider Andrew Findlay acquired 119 shares of the company’s stock in a transaction on Friday, June 30th. The shares were bought at an average cost of GBX 1,363 ($17.60) per share, with a total value of £1,621.97 ($2,094.76). Over the last three months, insiders acquired 417 shares of company stock worth $530,359.

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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