Jet2 (LON:JET2) Sets New 12-Month High at $1,450.00

Jet2 plc (LON:JET2) shares hit a new 52-week high on Tuesday . The stock traded as high as GBX 1,450 ($18.32) and last traded at GBX 1,415.20 ($17.88), with a volume of 6053 shares traded. The stock had previously closed at GBX 1,412 ($17.84).

Analyst Ratings Changes

Several equities research analysts have weighed in on the company. Canaccord Genuity Group increased their price target on Jet2 from GBX 1,850 ($23.38) to GBX 1,900 ($24.01) and gave the stock a “buy” rating in a research report on Thursday, February 15th. Jefferies Financial Group restated a “buy” rating and set a GBX 1,800 ($22.75) target price on shares of Jet2 in a research report on Friday, February 16th.

Jet2 Trading Up 0.1 %

The company has a current ratio of 1.62, a quick ratio of 1.49 and a debt-to-equity ratio of 87.09. The company has a market capitalization of £3.05 billion, a price-to-earnings ratio of 777.60, a PEG ratio of 9.34 and a beta of 2.26. The company has a fifty day moving average of GBX 1,369.43 and a 200-day moving average of GBX 1,224.64.

Jet2 Company Profile

Jet2 plc, together with its subsidiaries, engages in the leisure travel business primarily in the United Kingdom. The company operates scheduled holiday flights to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the package holiday and non-ticket retail activities, as well as passenger and charter aircraft operations.