easyJet (OTCMKTS:ESYJY) Upgraded by HSBC to “Buy”

easyJet (OTCMKTS:ESYJYGet Rating) was upgraded by investment analysts at HSBC from a “hold” rating to a “buy” rating in a note issued to investors on Wednesday, The Fly reports.

Several other research analysts have also recently issued reports on ESYJY. Citigroup decreased their target price on shares of easyJet from GBX 360 ($4.46) to GBX 290 ($3.59) in a report on Thursday, October 20th. Morgan Stanley assumed coverage on shares of easyJet in a research note on Tuesday, January 10th. They issued an “equal weight” rating for the company. Deutsche Bank Aktiengesellschaft lifted their price target on shares of easyJet from GBX 330 ($4.09) to GBX 410 ($5.08) in a research note on Tuesday. The Goldman Sachs Group lowered shares of easyJet from a “buy” rating to a “neutral” rating in a research note on Friday, January 6th. Finally, JPMorgan Chase & Co. lifted their price target on shares of easyJet from GBX 260 ($3.22) to GBX 320 ($3.96) in a research note on Thursday, December 15th. Four investment analysts have rated the stock with a sell rating, two have assigned a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat.com, easyJet currently has a consensus rating of “Hold” and a consensus target price of $520.63.

easyJet Stock Up 3.6 %

Shares of easyJet stock opened at $5.73 on Wednesday. easyJet has a 52-week low of $3.05 and a 52-week high of $9.97. The company has a 50-day simple moving average of $4.61 and a two-hundred day simple moving average of $4.33.

easyJet Company Profile

(Get Rating)

easyJet Plc engages in the provision of passenger airline and carrier services. It operates through the Airline Business and Holidays Business segments. The Airline Business segment covers the route network. The Holidays Business segment sells holiday packages. The firm’s principal activities include airline operations and aircraft trading and leasing.

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Analyst Recommendations for easyJet (OTCMKTS:ESYJY)

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