easyJet (EZJ) Upgraded to “Hold” by Panmure Gordon

Panmure Gordon upgraded shares of easyJet (LON:EZJ) to a hold rating in a research report sent to investors on Wednesday morning. The brokerage currently has GBX 1,300 ($17.50) target price on the stock, up from their previous target price of GBX 1,100 ($14.80).

EZJ has been the topic of a number of other research reports. reaffirmed a buy rating and set a GBX 1,600 ($21.53) target price (up previously from GBX 1,550 ($20.86)) on shares of easyJet in a research note on Monday, September 4th. UBS reaffirmed a buy rating on shares of easyJet in a research note on Monday, September 11th. Liberum Capital reaffirmed a sell rating and set a GBX 1,100 ($14.80) target price on shares of easyJet in a research note on Monday, November 6th. Deutsche Bank set a GBX 1,310 ($17.63) target price on easyJet and gave the company a neutral rating in a research note on Tuesday, August 29th. Finally, J P Morgan Chase & Co reaffirmed an underweight rating and set a GBX 1,380 ($18.57) target price on shares of easyJet in a research note on Monday, October 9th. Four equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and eleven have issued a buy rating to the company. easyJet presently has an average rating of Hold and an average price target of GBX 1,395.04 ($18.78).

easyJet (EZJ) traded up GBX 1 ($0.01) on Wednesday, hitting GBX 1,427 ($19.21). The stock had a trading volume of 1,792,505 shares, compared to its average volume of 2,480,000. easyJet has a 1 year low of GBX 906.39 ($12.20) and a 1 year high of GBX 1,468.01 ($19.76).

The business also recently announced a dividend, which will be paid on Friday, March 23rd. Shareholders of record on Thursday, March 1st will be issued a dividend of GBX 40.90 ($0.55) per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a yield of 3%.

In other easyJet news, insider Johan Lundgren purchased 20,000 shares of easyJet stock in a transaction dated Wednesday, December 6th. The shares were acquired at an average cost of GBX 1,442 ($19.41) per share, with a total value of £288,400 ($388,156.12). Also, insider Andrew Findlay sold 3,243 shares of the company’s stock in a transaction on Tuesday, December 19th. The stock was sold at an average price of GBX 1,383 ($18.61), for a total value of £44,850.69 ($60,364.32). In the last 90 days, insiders have acquired 20,403 shares of company stock valued at $29,367,632.

TRADEMARK VIOLATION WARNING: This piece was originally reported by Community Financial News and is owned by of Community Financial News. If you are accessing this piece on another site, it was illegally stolen and republished in violation of international copyright laws. The original version of this piece can be viewed at https://www.com-unik.info/2017/12/21/easyjet-ezj-upgraded-to-hold-by-panmure-gordon.html.

easyJet 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.

Analyst Recommendations for easyJet (LON:EZJ)

Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.


Leave a Reply

share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit