easyJet (OTCMKTS:EJTTF) Given Hold Rating at HSBC

HSBC reissued their hold rating on shares of easyJet (OTCMKTS:EJTTF) in a research report released on Monday morning, AnalystRatings.com reports. They currently have a $10.00 target price on the stock.

EJTTF has been the topic of a number of other reports. Zacks Investment Research raised shares of easyJet from a sell rating to a hold rating in a report on Thursday, August 1st. Commerzbank reissued a hold rating and set a $1,100.00 price objective on shares of easyJet in a report on Thursday, May 23rd. Cantor Fitzgerald reissued a buy rating and set a $15.00 price objective on shares of easyJet in a report on Monday, June 24th. Finally, Societe Generale lowered shares of easyJet to a sell rating in a report on Friday, July 26th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company. The company currently has a consensus rating of Hold and an average target price of $194.01.

Shares of EJTTF opened at $11.50 on Monday. The stock has a market capitalization of $4.57 billion, a price-to-earnings ratio of 7.28 and a beta of 0.83. easyJet has a 1-year low of $11.35 and a 1-year high of $13.65. The firm’s fifty day moving average is $11.54.

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 (OTCMKTS:EJTTF)

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