easyJet plc (OTCMKTS:EJTTF) Receives Consensus Rating of “Hold” from Analysts

easyJet plc (OTCMKTS:EJTTF) has been given an average rating of “Hold” by the thirteen brokerages that are presently covering the stock, Marketbeat.com reports. Three investment analysts have rated the stock with a sell recommendation, six have given a hold recommendation and four have issued a buy recommendation on the company. The average 12 month target price among brokerages that have updated their coverage on the stock in the last year is $557.50.

A number of analysts have recently commented on the company. Royal Bank of Canada restated a “buy” rating on shares of easyJet in a research report on Monday, April 1st. JPMorgan Chase & Co. set a €117.00 ($136.05) price target on Siemens and gave the company a “buy” rating in a research note on Tuesday, April 2nd. Zacks Investment Research lowered General Finance from a “buy” rating to a “hold” rating in a research note on Monday. Cantor Fitzgerald initiated coverage on Rockwell Medical in a report on Monday, June 24th. They issued an “overweight” rating and a $11.00 price objective on the stock. Finally, Berenberg Bank upgraded easyJet to a “hold” rating in a report on Monday, April 1st.

EJTTF stock remained flat at $$12.25 during trading on Thursday. The company has a market cap of $4.86 billion, a P/E ratio of 7.75 and a beta of 0.75. The stock’s 50 day moving average is $12.52. easyJet has a 52-week low of $13.45 and a 52-week high of $24.00.

easyJet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; 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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Analyst Recommendations for easyJet (OTCMKTS:EJTTF)

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