Liberum Capital reiterated their sell rating on shares of easyJet (LON:EZJ) in a research note published on Wednesday. Liberum Capital currently has a GBX 1,100 ($14.80) price objective on the stock.
A number of other research analysts have also recently issued reports on EZJ. J P Morgan Chase & Co raised shares of easyJet to an overweight rating and lifted their price objective for the company from GBX 1,330 ($17.90) to GBX 1,550 ($20.86) in a research note on Wednesday. Barclays set a GBX 1,185 ($15.95) price objective on shares of easyJet and gave the company a neutral rating in a research note on Wednesday, August 9th. Morgan Stanley lifted their price objective on shares of easyJet from GBX 1,230 ($16.55) to GBX 1,490 ($20.05) and gave the company an equal weight rating in a research note on Monday. reissued a buy rating and issued a GBX 1,550 ($20.86) price objective on shares of easyJet in a research note on Friday, September 29th. Finally, Sanford C. Bernstein set a GBX 1,600 ($21.53) price objective on shares of easyJet and gave the company a buy rating in a research note on Wednesday, November 29th. Five analysts have rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the stock. easyJet presently has an average rating of Hold and a consensus price target of GBX 1,375.84 ($18.52).
Shares of easyJet (EZJ) traded up GBX 6.36 ($0.09) during trading hours on Wednesday, reaching GBX 1,449 ($19.50). 1,953,593 shares of the company were exchanged, compared to its average volume of 2,280,000. easyJet has a fifty-two week low of GBX 906.39 ($12.20) and a fifty-two week high of GBX 1,447 ($19.48).
The company also recently announced a dividend, which will be paid on Friday, March 23rd. Investors of record on Thursday, March 1st will be issued a GBX 40.90 ($0.55) dividend. The ex-dividend date of this dividend is Thursday, March 1st. This represents a yield of 3%.
In other news, insider Andrew Findlay bought 133 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were acquired at an average price of GBX 1,213 ($16.33) per share, for a total transaction of £1,613.29 ($2,171.32). Also, insider Johan Lundgren bought 20,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 6th. The stock was purchased at an average price of GBX 1,442 ($19.41) per share, for a total transaction of £288,400 ($388,156.12). In the last 90 days, insiders purchased 20,406 shares of company stock worth $29,368,685.
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easyJet Company Profile
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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