easyJet plc (LON:EZJ) Receives GBX 613 Average PT from Analysts

easyJet plc (LON:EZJ) has been given an average recommendation of “Hold” by the six ratings firms that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and three have given a buy recommendation to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is GBX 613.

A number of equities research analysts have weighed in on EZJ shares. Panmure Gordon lifted their price target on shares of easyJet from GBX 730 to GBX 780 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Deutsche Bank Aktiengesellschaft lowered their price objective on shares of easyJet from GBX 600 to GBX 535 and set a “hold” rating for the company in a research report on Friday, September 19th. Jefferies Financial Group reissued a “buy” rating on shares of easyJet in a research report on Monday, September 22nd. Citigroup decreased their price target on easyJet from GBX 520 to GBX 500 and set a “neutral” rating on the stock in a research note on Wednesday, November 26th. Finally, Peel Hunt reaffirmed a “buy” rating and issued a GBX 850 price objective on shares of easyJet in a research note on Tuesday, November 25th.

easyJet Price Performance

LON:EZJ opened at GBX 509.60 on Friday. easyJet has a 52 week low of GBX 401.05 and a 52 week high of GBX 590.60. The stock’s fifty day moving average is GBX 485.09 and its two-hundred day moving average is GBX 494.22. The company has a market capitalization of £3.83 billion, a P/E ratio of 7.88, a P/E/G ratio of 0.59 and a beta of 2.49. The company has a quick ratio of 1.09, a current ratio of 1.02 and a debt-to-equity ratio of 110.33.

easyJet (LON:EZJ) last released its quarterly earnings results on Tuesday, November 25th. The company reported GBX 66.40 earnings per share for the quarter. easyJet had a return on equity of 13.89% and a net margin of 4.27%. Equities analysts expect that easyJet will post 67.3369565 EPS for the current year.

Insiders Place Their Bets

In other easyJet news, insider Harald Eisenächer purchased 4,000 shares of the business’s stock in a transaction on Wednesday, November 26th. The shares were bought at an average cost of GBX 476 per share, for a total transaction of £19,040. Over the last three months, insiders bought 4,063 shares of company stock valued at $1,933,858. Insiders own 15.15% of the company’s stock.

easyJet Company Profile

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.