Credit Suisse Group set a GBX 1,683 ($21.99) price objective on easyJet (LON:EZJ) in a research report released on Tuesday morning. The brokerage currently has a buy rating on the stock.
A number of other analysts have also recently weighed in on the stock. Citigroup raised shares of easyJet to a buy rating and set a GBX 1,800 ($23.52) price objective on the stock in a report on Friday, August 31st. HSBC reiterated a buy rating and issued a GBX 1,600 ($20.91) target price on shares of easyJet in a research report on Thursday, October 18th. Berenberg Bank started coverage on shares of easyJet in a research report on Tuesday, September 18th. They issued a sell rating and a GBX 1,310 ($17.12) target price for the company. Liberum Capital reiterated a hold rating on shares of easyJet in a research report on Friday, September 28th. Finally, Sanford C. Bernstein set a GBX 1,000 ($13.07) target price on shares of easyJet and gave the company a sell rating in a research report on Monday, October 1st. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and thirteen have issued a buy rating to the company’s stock. The company has a consensus rating of Hold and an average price target of GBX 1,635.69 ($21.37).
EZJ stock opened at GBX 1,228.95 ($16.06) on Tuesday. easyJet has a fifty-two week low of GBX 977.38 ($12.77) and a fifty-two week high of GBX 1,698.69 ($22.20).
In other news, insider Kyla Mullins sold 1,629 shares of the firm’s stock in a transaction dated Thursday, August 16th. The shares were sold at an average price of GBX 1,573 ($20.55), for a total transaction of £25,624.17 ($33,482.52). In the last 90 days, insiders have bought 32 shares of company stock valued at $44,480.
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.
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