Other research analysts have also recently issued research reports about the stock. lowered their target price on shares of easyJet from to and set a buy rating on the stock in a research note on Thursday, October 5th. UBS Group set a GBX 1,465 ($19.87) price target on shares of easyJet and gave the stock a buy rating in a research note on Tuesday, September 26th. Sanford C. Bernstein set a GBX 1,600 ($21.70) price target on shares of easyJet and gave the stock a buy rating in a research note on Friday, October 6th. Beaufort Securities reiterated a buy rating on shares of easyJet in a research note on Monday, October 9th. Finally, HSBC boosted their price target on shares of easyJet from GBX 1,500 ($20.34) to GBX 1,550 ($21.02) and gave the stock a buy rating in a research note on Wednesday, November 22nd. Four equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and ten have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 1,399.64 ($18.98).
easyJet (LON EZJ) traded down GBX 2 ($0.03) on Wednesday, hitting GBX 1,513 ($20.52). 1,184,947 shares of the company were exchanged, compared to its average volume of 2,060,000. easyJet has a 52 week low of GBX 906.39 ($12.29) and a 52 week high of GBX 1,551 ($21.03). The stock has a market cap of $6,010.00 and a PE ratio of 2,017.33.
In other news, insider Andrew Findlay purchased 122 shares of the business’s stock in a transaction that occurred on Tuesday, October 31st. The shares were bought at an average cost of GBX 1,322 ($17.93) per share, for a total transaction of £1,612.84 ($2,187.20). Also, insider Johan Lundgren acquired 20,000 shares of the stock in a transaction on Wednesday, December 6th. The stock was bought at an average cost of GBX 1,442 ($19.56) per share, with a total value of £288,400 ($391,103.88). Insiders have purchased a total of 20,371 shares of company stock worth $29,353,602 over the last quarter.
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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