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.
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.
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