Canaccord Genuity Reaffirms “Sell” Rating for easyJet plc (LON:EZJ)

Canaccord Genuity reissued their sell rating on shares of easyJet plc (LON:EZJ) in a research note issued to investors on Thursday morning. Canaccord Genuity currently has a GBX 1,076 ($14.05) price objective on the stock.

Several other analysts have also recently issued reports on the stock. HSBC Holdings plc reissued a buy rating and set a GBX 1,250 ($16.32) price target on shares of easyJet plc in a research report on Tuesday, April 18th. Liberum Capital reissued a sell rating and set a GBX 825 ($10.77) price target on shares of easyJet plc in a research report on Thursday, April 6th. Deutsche Bank AG increased their price target on shares of easyJet plc from GBX 915 ($11.95) to GBX 1,125 ($14.69) and gave the stock a hold rating in a research report on Thursday, April 13th. Bank of America Corporation increased their price target on shares of easyJet plc from GBX 1,030 ($13.45) to GBX 1,050 ($13.71) and gave the stock a neutral rating in a research report on Monday, March 27th. Finally, Royal Bank Of Canada raised shares of easyJet plc to a sector perform rating and increased their price target for the stock from GBX 875 ($11.43) to GBX 1,325 ($17.30) in a research report on Tuesday, May 23rd. Six equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company. easyJet plc presently has a consensus rating of Hold and an average price target of GBX 1,248.92 ($16.31).

easyJet plc (EZJ) opened at 1312.00 on Thursday. The firm’s 50-day moving average is GBX 1,364.17 and its 200-day moving average is GBX 1,145.69. easyJet plc has a 52-week low of GBX 851.00 and a 52-week high of GBX 1,444.00. The stock’s market cap is GBX 5.16 billion.

COPYRIGHT VIOLATION NOTICE: “Canaccord Genuity Reaffirms “Sell” Rating for easyJet plc (LON:EZJ)” was originally reported by Transcript Daily and is owned by of Transcript Daily. If you are viewing this piece of content on another domain, it was illegally stolen and republished in violation of U.S. & international copyright legislation. The correct version of this piece of content can be viewed at https://transcriptdaily.com/2017/07/23/canaccord-genuity-reaffirms-sell-rating-for-easyjet-plc-lonezj.html.

In other easyJet plc news, insider Andrew Findlay bought 119 shares of the stock in a transaction dated Friday, June 30th. The shares were acquired at an average cost of GBX 1,363 ($17.80) per share, for a total transaction of £1,621.97 ($2,118.01). Over the last 90 days, insiders have bought 266 shares of company stock worth $367,928.

easyJet plc Company Profile

easyJet plc is a United Kingdom-based low-cost airline carrier. The Company operates as a low-cost European point-to-point short-haul airline. The Company operates through its route network segment. The Company operates on over 820 routes across more than 30 countries with its fleet of over 250 Airbus aircrafts.

Analyst Recommendations for easyJet plc (LON:EZJ)

Receive News & Ratings for easyJet plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply