easyJet plc (LON:EZJ) has been given an average rating of “Hold” by the twenty-five research firms that are presently covering the stock, Marketbeat reports. Four analysts have rated the stock with a sell recommendation, ten have assigned a hold recommendation and eleven have assigned a buy recommendation to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 1,409.42 ($18.97).
Several research analysts have recently issued reports on the stock. restated a “buy” rating and set a GBX 1,500 ($20.19) price objective on shares of easyJet in a report on Thursday, October 19th. Liberum Capital restated a “sell” rating and set a GBX 1,100 ($14.80) price objective on shares of easyJet in a report on Wednesday, September 6th. Goldman Sachs Group set a GBX 1,330 ($17.90) price objective on shares of easyJet and gave the stock a “neutral” rating in a report on Wednesday, November 22nd. Credit Suisse Group restated an “outperform” rating and set a GBX 1,583 ($21.31) price objective on shares of easyJet in a report on Thursday, September 14th. Finally, J P Morgan Chase & Co restated an “underweight” rating and set a GBX 1,380 ($18.57) price objective on shares of easyJet in a report on Monday, October 9th.
In related news, insider Andrew Findlay bought 133 shares of easyJet stock in a transaction dated Friday, September 29th. The shares were bought at an average cost of GBX 1,213 ($16.33) per share, for a total transaction of £1,613.29 ($2,171.32). Also, insider Johan Lundgren bought 20,000 shares of easyJet stock in a transaction dated Wednesday, December 6th. The shares were bought at an average price of GBX 1,442 ($19.41) per share, for a total transaction of £288,400 ($388,156.12). Insiders have bought 20,403 shares of company stock worth $29,367,632 over the last quarter.
The business also recently announced a dividend, which will be paid on Friday, March 23rd. Stockholders of record on Thursday, March 1st will be given a dividend of GBX 40.90 ($0.55) per share. The ex-dividend date is Thursday, March 1st. This represents a dividend yield of 3%.
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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