easyJet plc (OTCMKTS:ESYJY) Given Average Rating of “Hold” by Brokerages

Shares of easyJet plc (OTCMKTS:ESYJY) have been given a consensus recommendation of “Hold” by the eight brokerages that are currently covering the stock, Marketbeat reports. Two equities research analysts have rated the stock with a sell rating, three have assigned a hold rating and three have issued a buy rating on the company.

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of easyJet in a report on Friday, May 22nd. Barclays reaffirmed an “overweight” rating on shares of easyJet in a report on Monday, June 15th. Sanford C. Bernstein lowered easyJet from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th. Finally, Deutsche Bank Aktiengesellschaft raised easyJet from a “sell” rating to a “hold” rating in a research note on Wednesday, June 10th.

easyJet Price Performance

Shares of ESYJY opened at $6.65 on Tuesday. easyJet has a twelve month low of $4.57 and a twelve month high of $7.42. The stock’s 50 day moving average is $5.53 and its two-hundred day moving average is $5.96.

easyJet Company Profile

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.