easyJet plc (LON:EZJ) Receives Average Recommendation of “Hold” from Analysts

Shares of easyJet plc (LON:EZJ) have been assigned an average recommendation of “Hold” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and four have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 630.

EZJ has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft reissued a “sell” rating and set a GBX 340 target price on shares of easyJet in a research report on Tuesday, June 2nd. Royal Bank Of Canada downgraded easyJet to a “sector perform” rating and set a GBX 600 price target on the stock. in a research report on Friday. JPMorgan Chase & Co. increased their price objective on easyJet from GBX 360 to GBX 715 and gave the company a “neutral” rating in a report on Friday. Finally, UBS Group reissued a “buy” rating and issued a GBX 635 price objective on shares of easyJet in a research report on Monday, May 18th.

easyJet Stock Up 0.1%

Shares of LON EZJ opened at GBX 671 on Friday. The company has a debt-to-equity ratio of 82.36, a current ratio of 1.10 and a quick ratio of 1.09. The company has a market cap of £5.02 billion, a P/E ratio of 12.40, a PEG ratio of 0.59 and a beta of 1.70. easyJet has a 1 year low of GBX 332.60 and a 1 year high of GBX 683.80. The firm has a 50-day simple moving average of GBX 573.22 and a two-hundred day simple moving average of GBX 464.98.

easyJet (LON:EZJ) last posted its quarterly earnings data on Thursday, May 21st. The company reported GBX (50.10) earnings per share (EPS) for the quarter. The business had revenue of GBX 395 million for the quarter. easyJet had a net margin of 3.93% and a return on equity of 11.57%. Research analysts anticipate that easyJet will post 67.3369565 earnings per share for the current year.

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.