easyJet plc (EZJ) PT Set at GBX 1,330 by J P Morgan Chase & Co

easyJet plc (LON:EZJ) has been assigned a GBX 1,330 ($17.49) target price by research analysts at J P Morgan Chase & Co in a report issued on Tuesday. The firm currently has a “sell” rating on the stock. J P Morgan Chase & Co’s price target suggests a potential upside of 3.18% from the stock’s current price.

Several other brokerages also recently weighed in on EZJ. BNP Paribas restated a “neutral” rating and set a GBX 1,250 ($16.43) price target on shares of easyJet plc in a report on Tuesday, July 18th. Deutsche Bank AG restated a “hold” rating and set a GBX 1,290 ($16.96) price target on shares of easyJet plc in a report on Tuesday, July 18th. Canaccord Genuity restated a “sell” rating and set a GBX 1,076 ($14.15) price target on shares of easyJet plc in a report on Thursday, July 20th. Royal Bank Of Canada set a GBX 1,450 ($19.06) price target on easyJet plc and gave the stock a “neutral” rating in a report on Thursday, July 20th. Finally, Credit Suisse Group reiterated an “outperform” rating and issued a GBX 1,583 ($20.81) price objective on shares of easyJet plc in a report on Thursday, July 20th. Seven investment analysts have rated the stock with a sell rating, eleven have issued a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 1,249.09 ($16.42).

easyJet plc (EZJ) opened at 1289.00 on Tuesday. The firm has a 50-day moving average price of GBX 1,215.61 and a 200 day moving average price of GBX 1,250.65. The stock’s market cap is GBX 5.07 billion. easyJet plc has a 1-year low of GBX 865.00 and a 1-year high of GBX 1,444.00.

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In related news, insider Andrew Findlay acquired 135 shares of the firm’s stock in a transaction on Thursday, August 31st. The stock was bought at an average cost of GBX 1,195 ($15.71) per share, with a total value of £1,613.25 ($2,121.02). Insiders have acquired a total of 433 shares of company stock valued at $529,987 over the last ninety days.

About easyJet plc

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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