Morgan Stanley reissued their equal weight rating on shares of easyJet (LON:EZJ) in a research note published on Wednesday, November 22nd. The brokerage currently has a GBX 1,230 ($16.55) price target on the stock.
EZJ has been the subject of several other research reports. reissued a buy rating and set a GBX 1,500 ($20.19) price target on shares of easyJet in a research report on Thursday, October 19th. Liberum Capital restated a sell rating and issued a GBX 1,100 ($14.80) price objective on shares of easyJet in a report on Wednesday, September 6th. Goldman Sachs Group set a GBX 1,330 ($17.90) price objective on shares of easyJet and gave the stock a neutral rating in a report on Wednesday, November 22nd. Credit Suisse Group restated an outperform rating and issued a GBX 1,583 ($21.31) price objective on shares of easyJet in a report on Thursday, September 14th. Finally, J P Morgan Chase & Co restated an underweight rating and issued a GBX 1,380 ($18.57) price objective on shares of easyJet in a report on Monday, October 9th. Six research analysts have rated the stock with a sell rating, nine have issued a hold rating and ten have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus target price of GBX 1,367.04 ($18.40).
Shares of easyJet (LON:EZJ) opened at GBX 1,410 ($18.98) on Wednesday. easyJet has a 12 month low of GBX 906.39 ($12.20) and a 12 month high of GBX 1,444 ($19.43).
The business also recently declared a dividend, which will be paid on Friday, March 23rd. Stockholders of record on Thursday, March 1st will be issued a dividend of GBX 40.90 ($0.55) per share. This represents a dividend yield of 3%. The ex-dividend date is Thursday, March 1st.
In related news, insider Andrew Findlay purchased 122 shares of the company’s stock in a transaction dated Tuesday, October 31st. The shares were purchased at an average price of GBX 1,322 ($17.79) per share, with a total value of £1,612.84 ($2,170.71). In the last ninety days, insiders have bought 406 shares of company stock worth $528,685.
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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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