Commerzbank reissued their hold rating on shares of easyJet (OTCMKTS:EJTTF) in a research report sent to investors on Thursday, AnalystRatings.com reports. Commerzbank currently has a $1,100.00 price target on the stock.
Other equities analysts have also recently issued reports about the company. JPMorgan Chase & Co. restated a hold rating on shares of easyJet in a report on Tuesday, April 2nd. HSBC cut easyJet to a hold rating in a report on Tuesday, April 2nd. Cfra cut easyJet to a hold rating in a report on Tuesday, April 2nd. Sanford C. Bernstein restated a sell rating on shares of easyJet in a report on Monday, April 1st. Finally, Berenberg Bank upgraded easyJet to a hold rating in a report on Monday, April 1st. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and three have assigned a buy rating to the company. The company presently has a consensus rating of Hold and a consensus price target of $558.50.
Shares of easyJet stock opened at $15.00 on Thursday. easyJet has a 12 month low of $13.45 and a 12 month high of $24.00. The stock has a market cap of $5.96 billion, a P/E ratio of 9.49 and a beta of 1.24. The company has a debt-to-equity ratio of 0.30, a current ratio of 0.97 and a quick ratio of 0.97.
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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