Zacks Investment Research upgraded shares of easyJet (OTCMKTS:EJTTF) from a sell rating to a hold rating in a report issued on Monday, Zacks.com reports.
According to Zacks, “EasyJet plc is an airline company. It operates primarily in the United Kingdom and Europe. EasyJet plc is based in Luton, the United Kingdom. “
Several other equities analysts have also issued reports on EJTTF. Kepler Capital Markets reaffirmed a sell rating on shares of easyJet in a research report on Sunday, August 16th. Credit Suisse Group reissued a buy rating on shares of easyJet in a research report on Thursday, September 10th. Barclays reissued a hold rating on shares of easyJet in a research report on Sunday, August 16th. UBS Group reissued a buy rating on shares of easyJet in a research report on Thursday, August 20th. Finally, Davy Research raised easyJet to a buy rating in a research report on Thursday, August 13th. One analyst has rated the stock with a sell rating, six have given a hold rating, six have given a buy rating and one has assigned a strong buy rating to the company’s stock. easyJet currently has an average rating of Buy and an average price target of $14.17.
EJTTF opened at $7.85 on Monday. The stock has a 50-day moving average price of $7.36 and a 200-day moving average price of $8.39. The firm has a market cap of $3.12 billion, a PE ratio of 7.01 and a beta of 1.48. easyJet has a 1 year low of $5.30 and a 1 year high of $19.86.
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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