The Goldman Sachs Group Analysts Give easyJet (LON:EZJ) a GBX 855 Price Target

The Goldman Sachs Group set a GBX 855 ($11.17) price objective on easyJet (LON:EZJ) in a research note published on Thursday, Borsen Zeitung reports.

Other analysts have also issued reports about the company. Peel Hunt reiterated a buy rating and set a GBX 900 ($11.76) price objective on shares of easyJet in a report on Thursday, August 5th. Deutsche Bank Aktiengesellschaft reiterated a buy rating and set a GBX 750 ($9.80) price objective on shares of easyJet in a report on Wednesday, October 13th. UBS Group set a GBX 760 ($9.93) price objective on easyJet in a report on Wednesday, September 15th. Berenberg Bank upgraded easyJet to a buy rating and increased their price objective for the stock from GBX 720 ($9.41) to GBX 800 ($10.45) in a report on Tuesday, October 19th. Finally, Liberum Capital upgraded easyJet to a buy rating and cut their target price for the company from GBX 1,000 ($13.07) to GBX 900 ($11.76) in a report on Wednesday, July 21st. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and ten have issued a buy rating to the stock. According to data from MarketBeat, easyJet currently has a consensus rating of Hold and a consensus price target of GBX 816.72 ($10.67).

Shares of LON:EZJ opened at GBX 596.60 ($7.79) on Thursday. The company has a current ratio of 1.12, a quick ratio of 1.06 and a debt-to-equity ratio of 274.97. easyJet has a 1 year low of GBX 459.04 ($6.00) and a 1 year high of GBX 1,095 ($14.31). The business has a fifty day simple moving average of GBX 723.05 and a 200 day simple moving average of GBX 1,557.64. The firm has a market cap of £4.52 billion and a price-to-earnings ratio of -2.00.

In other easyJet news, insider Stephen Hester purchased 73,000 shares of the stock in a transaction dated Tuesday, September 28th. The shares were bought at an average cost of GBX 690 ($9.01) per share, with a total value of £503,700 ($658,087.27). Over the last ninety days, insiders bought 73,041 shares of company stock worth $50,399,746.

About easyJet

easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. It also engages in the trading and leasing of aircrafts, as well as in tour operations; develops building projects; and provides financing services. As of September 30, 2020, the company operated 981 routes and a fleet of 342 aircrafts.

Recommended Story: After-Hours Trading

Analyst Recommendations for easyJet (LON:EZJ)

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