Jet2 (LON:JET2) Given “Buy” Rating at Canaccord Genuity Group

Canaccord Genuity Group reissued their buy rating on shares of Jet2 (LON:JET2) in a report published on Wednesday morning, Marketbeat.com reports. The firm currently has a GBX 1,900 ($23.47) price target on the stock.

Several other research firms have also recently weighed in on JET2. Royal Bank of Canada reiterated an outperform rating and issued a GBX 1,950 ($24.09) price target on shares of Jet2 in a report on Friday, April 12th. Jefferies Financial Group reissued a buy rating and issued a GBX 1,800 ($22.23) price objective on shares of Jet2 in a research report on Friday, February 16th.

Jet2 Stock Up 1.0 %

Jet2 stock opened at GBX 1,413.48 ($17.46) on Wednesday. The stock has a market capitalization of £3.03 billion, a PE ratio of 769.23, a price-to-earnings-growth ratio of 9.34 and a beta of 2.26. Jet2 has a twelve month low of GBX 960 ($11.86) and a twelve month high of GBX 1,568 ($19.37). The company has a quick ratio of 1.49, a current ratio of 1.62 and a debt-to-equity ratio of 87.09. The company has a 50 day moving average of GBX 1,424.07 and a 200-day moving average of GBX 1,275.61.

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.