easyJet’s (LON:EZJ) “Sell” Rating Reiterated at Liberum Capital

Liberum Capital restated their sell rating on shares of easyJet (LON:EZJ) in a research report report published on Tuesday, February 6th. They currently have a GBX 1,250 ($17.27) target price on the stock.

A number of other research firms have also issued reports on EZJ. UBS Group set a GBX 1,465 ($20.24) target price on easyJet and gave the stock a buy rating in a report on Friday, October 13th. Deutsche Bank lifted their price target on easyJet from GBX 1,450 ($20.03) to GBX 1,560 ($21.55) and gave the stock a hold rating in a research note on Wednesday, January 24th. Barclays lifted their price target on easyJet from GBX 1,185 ($16.37) to GBX 1,340 ($18.51) and gave the stock an equal weight rating in a research note on Tuesday, October 24th. Royal Bank of Canada lifted their price target on easyJet from GBX 1,300 ($17.96) to GBX 1,450 ($20.03) and gave the stock a sector performer rating in a research note on Friday, November 24th. Finally, Canaccord Genuity lifted their price target on easyJet from GBX 1,295 ($17.89) to GBX 1,640 ($22.66) and gave the stock a hold rating in a research note on Wednesday, January 24th. Two research analysts have rated the stock with a sell rating, eleven have given a hold rating and twelve have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of GBX 1,574.08 ($21.75).

easyJet (EZJ) opened at GBX 1,638 ($22.63) on Tuesday. The stock has a market capitalization of $6,510.00 and a PE ratio of 2,184.00. easyJet has a fifty-two week low of GBX 906.39 ($12.52) and a fifty-two week high of GBX 1,695.67 ($23.43).

The firm also recently disclosed a dividend, which will be paid on Friday, March 23rd. Shareholders of record on Thursday, March 1st will be given a dividend of GBX 40.90 ($0.57) per share. The ex-dividend date is Thursday, March 1st. This represents a yield of 3%.

In other easyJet news, insider Andrew Findlay acquired 113 shares of the firm’s stock in a transaction on Friday, December 22nd. The stock was purchased at an average cost of GBX 1,435 ($19.83) per share, for a total transaction of £1,621.55 ($2,240.33). Also, insider Johan Lundgren acquired 20,000 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were acquired at an average price of GBX 1,442 ($19.92) per share, with a total value of £288,400 ($398,452.61). Insiders have acquired a total of 20,238 shares of company stock valued at $29,178,260 over the last 90 days.

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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.

Analyst Recommendations for easyJet (LON:EZJ)

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