easyJet (LON:EZJ) Given Buy Rating at UBS Group

easyJet (LON:EZJ)‘s stock had its “buy” rating reiterated by equities research analysts at UBS Group in a report released on Monday,Digital Look reports. They currently have a GBX 635 target price on the stock. UBS Group’s price target suggests a potential upside of 86.00% from the company’s current price.

A number of other analysts have also weighed in on the company. Deutsche Bank Aktiengesellschaft lowered their target price on easyJet from GBX 465 to GBX 340 and set a “sell” rating for the company in a report on Thursday, March 19th. JPMorgan Chase & Co. cut their price target on easyJet from GBX 400 to GBX 350 and set an “underweight” rating on the stock in a report on Wednesday, April 15th. Citigroup reduced their price target on easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a research report on Monday, February 2nd. Finally, Royal Bank Of Canada decreased their price objective on easyJet from GBX 440 to GBX 415 and set an “outperform” rating for the company in a research note on Friday, April 17th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of GBX 551.43.

easyJet Price Performance

Shares of EZJ opened at GBX 341.40 on Monday. The company has a debt-to-equity ratio of 83.65, a quick ratio of 1.09 and a current ratio of 1.11. The company has a 50 day moving average price of GBX 368.27 and a 200-day moving average price of GBX 444.21. easyJet has a fifty-two week low of GBX 332.60 and a fifty-two week high of GBX 590.60. The stock has a market capitalization of £2.55 billion, a PE ratio of 5.28, a PEG ratio of 0.59 and a beta of 1.71.

About easyJet

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.