UBS Group set a GBX 1,080 ($14.11) target price on easyJet (LON:EZJ) in a research report released on Thursday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
Several other equities analysts have also commented on the stock. Deutsche Bank upped their price objective on shares of Spirit Airlines from $75.00 to $79.00 and gave the stock a buy rating in a report on Friday, July 12th. HSBC downgraded shares of to a reduce rating and cut their target price for the stock from GBX 1,100 ($14.37) to GBX 800 ($10.45) in a research note on Wednesday, June 19th. Morgan Stanley set a $70.00 target price on shares of Edison International and gave the stock a hold rating in a research note on Monday. JPMorgan Chase & Co. raised shares of ROYAL MAIL PLC/ADR from an underweight rating to a neutral rating in a research note on Monday, June 3rd. Finally, Barclays set a $330.00 target price on shares of Thermo Fisher Scientific and gave the stock a buy rating in a research note on Monday. Two research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company’s stock. The company has a consensus rating of Hold and a consensus target price of GBX 1,192.95 ($15.59).
Shares of EZJ stock traded up GBX 24 ($0.31) during trading hours on Thursday, hitting GBX 1,100 ($14.37). The company had a trading volume of 2,536,640 shares, compared to its average volume of 2,170,000. The business’s fifty day moving average is GBX 938.23. The company has a quick ratio of 0.50, a current ratio of 0.60 and a debt-to-equity ratio of 58.86. easyJet has a fifty-two week low of GBX 840 ($10.98) and a fifty-two week high of GBX 1,737 ($22.70). The firm has a market capitalization of $4.37 billion and a PE ratio of 22.49.
easyJet Company Profile
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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