easyJet (EZJ) Receives Outperform Rating from Credit Suisse Group

easyJet (LON:EZJ)‘s stock had its “outperform” rating reiterated by stock analysts at Credit Suisse Group in a research report issued to clients and investors on Tuesday. They presently have a GBX 1,953 ($26.20) price target on the stock. Credit Suisse Group’s target price would suggest a potential upside of 9.69% from the stock’s current price.

Other equities analysts have also issued reports about the company. Liberum Capital restated a “sell” rating and set a GBX 1,100 ($14.76) target price on shares of easyJet in a research report on Tuesday, January 23rd. Royal Bank of Canada upgraded easyJet to an “outperform” rating and boosted their target price for the stock from GBX 1,450 ($19.46) to GBX 1,700 ($22.81) in a research report on Tuesday, January 23rd. UBS set a GBX 1,660 ($22.27) target price on easyJet and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Goldman Sachs restated a “neutral” rating and set a GBX 1,330 ($17.85) target price on shares of easyJet in a research report on Tuesday, January 23rd. Finally, Sanford C. Bernstein set a GBX 1,600 ($21.47) target price on easyJet and gave the stock a “buy” rating in a research report on Tuesday, January 23rd. Two analysts have rated the stock with a sell rating, twelve have given a hold rating and thirteen have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average price target of GBX 1,667.77 ($22.38).

EZJ stock traded up GBX 17 ($0.23) during midday trading on Tuesday, reaching GBX 1,780.50 ($23.89). The stock had a trading volume of 1,997,881 shares, compared to its average volume of 2,170,000. easyJet has a twelve month low of GBX 977.38 ($13.11) and a twelve month high of GBX 1,698.69 ($22.79).

easyJet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.

Analyst Recommendations for easyJet (LON:EZJ)

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