Barclays PLC Reiterates GBX 1,185 Price Target for easyJet plc (EZJ)

Barclays PLC set a GBX 1,185 ($15.43) price target on easyJet plc (LON:EZJ) in a research report report published on Wednesday. The brokerage currently has a neutral rating on the stock.

A number of other research firms have also issued reports on EZJ. J P Morgan Chase & Co reiterated an underweight rating and issued a GBX 875 ($11.39) target price on shares of easyJet plc in a research note on Wednesday, May 17th. Liberum Capital reiterated a sell rating and issued a GBX 1,000 ($13.02) target price on shares of easyJet plc in a research note on Monday, July 17th. Canaccord Genuity lowered easyJet plc to a sell rating and increased their target price for the company from GBX 1,010 ($13.15) to GBX 1,076 ($14.01) in a research note on Wednesday, May 17th. Investec reiterated a hold rating and issued a GBX 1,400 ($18.23) target price on shares of easyJet plc in a research note on Friday, July 21st. Finally, Beaufort Securities reiterated a buy rating on shares of easyJet plc in a research note on Friday, July 21st. Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. easyJet plc has a consensus rating of Hold and an average target price of GBX 1,255.38 ($16.35).

easyJet plc (LON EZJ) opened at 1252.00 on Wednesday. The firm has a 50-day moving average price of GBX 1,330.79 and a 200 day moving average price of GBX 1,170.17. The firm’s market capitalization is GBX 4.92 billion. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,444.00.

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In other news, insider Andrew Findlay acquired 119 shares of the firm’s stock in a transaction that occurred on Friday, June 30th. The shares were acquired at an average cost of GBX 1,363 ($17.75) per share, with a total value of £1,621.97 ($2,112.22). Insiders purchased 395 shares of company stock worth $530,609 over the last three months.

easyJet plc Company Profile

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

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