Jet2 (OTCMKTS:DRTGF) Shares Up 1.2% – Should You Buy?

Jet2 plc (OTCMKTS:DRTGF)’s share price traded up 1.2% during trading on Monday . The stock traded as high as $14.7150 and last traded at $14.57. 1,183 shares were traded during trading, a decline of 83% from the average session volume of 6,925 shares. The stock had previously closed at $14.40.

Analysts Set New Price Targets

Several equities analysts have issued reports on the company. Deutsche Bank Aktiengesellschaft downgraded Jet2 from a “buy” rating to a “hold” rating in a research report on Thursday, April 30th. Royal Bank Of Canada restated an “outperform” rating on shares of Jet2 in a research report on Thursday, April 30th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Jet2 Stock Performance

The business has a 50 day moving average of $15.21 and a 200 day moving average of $16.75.

About Jet2

Jet2 plc, trading on the OTC Markets under the symbol DRTGF, is a UK-based leisure airline and holiday provider. Through its subsidiaries Jet2.com and Jet2holidays, the company operates scheduled low-cost flights and packages to popular holiday destinations across Europe. The group serves leisure travelers primarily from the United Kingdom, offering one-way and return flights alongside tailored package deals that combine flights, accommodation, transfers, and additional services.

The core of Jet2’s operations is its scheduled passenger airline, Jet2.com, which flies from more than a dozen UK airports including Birmingham, Manchester and London Stansted.