easyJet plc (LON:EZJ) had its price target dropped by investment analysts at Liberum Capital from GBX 930 ($11.51) to GBX 825 ($10.21) in a report issued on Monday. The firm currently has a “sell” rating on the stock. Liberum Capital’s price objective indicates a potential downside of 8.38% from the company’s current price.
Other research analysts have also recently issued research reports about the company. Beaufort Securities cut easyJet plc to a “hold” rating in a research note on Tuesday, June 28th. JPMorgan Chase & Co. cut easyJet plc to a “neutral” rating and lowered their price objective for the company from GBX 1,900 ($23.51) to GBX 1,150 ($14.23) in a research note on Wednesday, July 20th. HSBC reiterated a “reduce” rating on shares of easyJet plc in a research note on Tuesday, July 19th. Goodbody reissued a “hold” rating on shares of easyJet plc in a report on Friday, July 22nd. Finally, Barclays PLC reissued an “equal weight” rating and issued a GBX 1,630 ($20.17) target price on shares of easyJet plc in a report on Tuesday, June 28th. Four research analysts have rated the stock with a sell rating, twelve have assigned a hold rating and eleven have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus target price of GBX 1,355.54 ($16.78).
easyJet plc (LON:EZJ) opened at 900.50 on Monday. The stock’s 50 day moving average price is GBX 1,064.18 and its 200-day moving average price is GBX 1,254.38. The stock’s market cap is GBX 3.55 billion. easyJet plc has a 12 month low of GBX 851.00 and a 12 month high of GBX 1,809.00.
In related news, insider Brocklesby,Chris sold 2,294 shares of the business’s stock in a transaction dated Friday, September 9th. The stock was sold at an average price of GBX 1,193 ($14.76), for a total value of £27,367.42 ($33,870.57). Also, insider Bierwirth,Andreas bought 1,480 shares of the firm’s stock in a transaction that occurred on Wednesday, July 27th. The stock was purchased at an average price of GBX 1,004 ($12.43) per share, for a total transaction of £14,859.20 ($18,390.10).
About easyJet plc
easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market. The Company operates through the route network segment. The Company operates approximately 600 routes across over 30 countries with its fleet consisting of approximately 200 Airbus aircraft.
Receive News & Ratings for easyJet plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet plc and related companies with MarketBeat.com's FREE daily email newsletter.