easyJet (EZJ) Earns Sell Rating from Liberum Capital

easyJet (LON:EZJ)‘s stock had its “sell” rating reiterated by stock analysts at Liberum Capital in a research note issued on Friday. They presently have a GBX 1,100 ($14.71) target price on the stock. Liberum Capital’s price objective indicates a potential downside of 27.34% from the company’s previous close.

A number of other analysts also recently issued reports on the company. Panmure Gordon upgraded easyJet to a “hold” rating and raised their price target for the stock from GBX 1,100 ($14.71) to GBX 1,300 ($17.38) in a research report on Wednesday, December 20th. Goldman Sachs Group set a GBX 1,330 ($17.78) price target on easyJet and gave the stock a “neutral” rating in a research report on Friday, December 15th. Credit Suisse Group set a GBX 1,565 ($20.93) price target on easyJet and gave the stock a “buy” rating in a research report on Thursday, December 14th. Sanford C. Bernstein set a GBX 1,600 ($21.39) price target on easyJet and gave the stock a “buy” rating in a research report on Thursday, December 14th. Finally, JPMorgan Chase & Co. reiterated an “overweight” rating and set a GBX 1,550 ($20.72) target price on shares of easyJet in a research report on Tuesday, December 12th. Four analysts have rated the stock with a sell rating, eleven have assigned a hold rating and ten have issued a buy rating to the company. The company has a consensus rating of “Hold” and an average price target of GBX 1,395.04 ($18.65).

Shares of easyJet (LON:EZJ) opened at GBX 1,514 ($20.24) on Friday. The stock has a market capitalization of $6,020.00 and a price-to-earnings ratio of 2,018.67. easyJet has a 52-week low of GBX 906.39 ($12.12) and a 52-week high of GBX 1,549 ($20.71).

In other easyJet news, insider Andrew Findlay purchased 122 shares of the company’s stock in a transaction dated Tuesday, October 31st. The shares were acquired at an average price of GBX 1,322 ($17.68) per share, for a total transaction of £1,612.84 ($2,156.49). Also, insider Johan Lundgren purchased 20,000 shares of the company’s stock in a transaction dated Wednesday, December 6th. The shares were acquired at an average price of GBX 1,442 ($19.28) per share, for a total transaction of £288,400 ($385,613.05). Insiders acquired 20,383 shares of company stock worth $29,368,458 in the last quarter.

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easyJet 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 (LON:EZJ)

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