easyJet (OTCMKTS:EJTTF) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of easyJet (OTCMKTS:EJTTF) from a sell rating to a hold rating in a research note released on Monday, Zacks.com reports.

According to Zacks, “EasyJet plc is an airline company. It operates primarily in the United Kingdom and Europe. EasyJet plc is based in Luton, the United Kingdom. “

Several other analysts have also weighed in on EJTTF. UBS Group restated a buy rating on shares of easyJet in a report on Thursday, August 20th. ValuEngine upgraded easyJet from a buy rating to a strong-buy rating in a report on Monday, August 3rd. Credit Suisse Group reaffirmed a buy rating on shares of easyJet in a research report on Thursday, September 10th. Barclays reaffirmed a hold rating on shares of easyJet in a research report on Sunday, August 16th. Finally, Kepler Capital Markets reaffirmed a sell rating on shares of easyJet in a research report on Sunday, August 16th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, six have given a buy rating and one has issued a strong buy rating to the company. The stock has a consensus rating of Buy and a consensus target price of $14.17.

OTCMKTS:EJTTF opened at $7.85 on Monday. The stock’s fifty day moving average is $7.36 and its 200 day moving average is $8.39. easyJet has a fifty-two week low of $5.30 and a fifty-two week high of $19.86. The firm has a market capitalization of $3.12 billion, a PE ratio of 7.01 and a beta of 1.48.

easyJet Company Profile

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.

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