easyJet (LON:EZJ) Given a GBX 1,080 Price Target by UBS Group Analysts

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.

In other news, insider John Barton acquired 11,000 shares of the company’s stock in a transaction on Thursday, May 23rd. The shares were bought at an average cost of GBX 902 ($11.79) per share, with a total value of £99,220 ($129,648.50). Over the last three months, insiders acquired 11,032 shares of company stock worth $9,952,608.

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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Analyst Recommendations for easyJet (LON:EZJ)

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