easyJet plc (LON:EZJ) Given Average Rating of “Hold” by Brokerages

easyJet plc (LON:EZJ) has earned a consensus rating of “Hold” from the eight analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price target among brokers that have covered the stock in the last year is GBX 550.

A number of analysts have weighed in on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of easyJet from GBX 465 to GBX 340 and set a “sell” rating for the company in a research report on Thursday, March 19th. JPMorgan Chase & Co. decreased their target price on shares of easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a research report on Wednesday, April 15th. Citigroup decreased their target price on shares of easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Royal Bank Of Canada decreased their target price on shares of easyJet from GBX 415 to GBX 405 and set an “outperform” rating for the company in a research report on Friday. Finally, UBS Group reissued a “buy” rating and set a GBX 635 target price on shares of easyJet in a research report on Monday, May 18th.

easyJet Stock Up 0.7%

Shares of LON EZJ opened at GBX 372.90 on Tuesday. The company has a 50 day simple moving average of GBX 362.62 and a 200 day simple moving average of GBX 438.73. The firm has a market cap of £2.79 billion, a PE ratio of 5.76, a price-to-earnings-growth ratio of 0.59 and a beta of 2.11. easyJet has a 1 year low of GBX 332.60 and a 1 year high of GBX 590.60. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09.

easyJet (LON:EZJ) last issued its quarterly earnings data on Thursday, May 21st. The company reported GBX (50.10) earnings per share (EPS) for the quarter. The business had revenue of GBX 395 million during the quarter. easyJet had a net margin of 3.93% and a return on equity of 11.57%. On average, research analysts forecast that easyJet will post 67.3369565 EPS for the current year.

About easyJet

We are a low-cost, European, point-to-point airline. We use our?cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to?provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.