easyJet (LON:EZJ)‘s stock had its “hold” rating reissued by stock analysts at Deutsche Bank in a report issued on Friday, ThisIsMoney.Co.Uk reports.
A number of other analysts have also recently weighed in on the company. Commerzbank decreased their price objective on easyJet from GBX 1,250 ($16.33) to GBX 1,100 ($14.37) and set a “hold” rating for the company in a research report on Wednesday, May 22nd. JPMorgan Chase & Co. raised ROYAL MAIL PLC/ADR from an “underweight” rating to a “neutral” rating in a research report on Monday, June 3rd. HSBC cut to a “reduce” rating and decreased their price objective for the stock from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research report on Wednesday, June 19th. Credit Suisse Group set a $180.00 price objective on Accenture and gave the stock a “hold” rating in a research report on Friday, June 28th. Finally, Oddo Bhf set a GBX 1,170 ($15.29) price objective on easyJet and gave the stock a “neutral” rating in a research report on Monday, May 20th. Three analysts have rated the stock with a sell rating, twelve have assigned a hold rating and six have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 1,179.14 ($15.41).
easyJet stock opened at GBX 991.40 ($12.95) on Friday. easyJet has a twelve month low of GBX 840 ($10.98) and a twelve month high of GBX 1,737 ($22.70). The stock’s 50 day moving average is GBX 924.93. The company has a quick ratio of 0.50, a current ratio of 0.60 and a debt-to-equity ratio of 58.86. The firm has a market cap of $3.94 billion and a PE ratio of 20.27.
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.
Further Reading: Why Invest in Dividend Achievers?
Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.