Jet2 (LON:JET2) Given New GBX 1,857 Price Target at Deutsche Bank Aktiengesellschaft

Jet2 (LON:JET2) had its target price decreased by Deutsche Bank Aktiengesellschaft from GBX 2,059 to GBX 1,857 in a note issued to investors on Wednesday,London Stock Exchange reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank Aktiengesellschaft’s price target points to a potential upside of 39.77% from the stock’s current price.

JET2 has been the topic of several other reports. Canaccord Genuity Group restated a “buy” rating and issued a GBX 2,250 price objective on shares of Jet2 in a report on Wednesday, November 12th. Royal Bank Of Canada cut their target price on Jet2 from GBX 2,200 to GBX 2,150 and set an “outperform” rating on the stock in a research report on Friday, September 5th. Panmure Gordon restated a “buy” rating and set a GBX 1,700 price target on shares of Jet2 in a research note on Thursday. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a GBX 2,100 price objective on shares of Jet2 in a research note on Thursday. Seven analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of GBX 2,017.83.

Jet2 Trading Down 1.9%

JET2 stock traded down GBX 26.42 during midday trading on Wednesday, hitting GBX 1,328.58. 31,125,801 shares of the company’s stock were exchanged, compared to its average volume of 1,327,573. Jet2 has a 1-year low of GBX 1,088 and a 1-year high of GBX 1,963. The company has a current ratio of 1.36, a quick ratio of 1.49 and a debt-to-equity ratio of 103.30. The stock has a market capitalization of £2.51 billion, a PE ratio of 6.41, a P/E/G ratio of 9.34 and a beta of 2.27. The business has a 50-day simple moving average of GBX 1,363.75 and a two-hundred day simple moving average of GBX 1,589.61.

Jet2 (LON:JET2) last issued its quarterly earnings data on Wednesday, November 19th. The company reported GBX 300.40 earnings per share (EPS) for the quarter. Jet2 had a return on equity of 26.53% and a net margin of 6.38%. On average, sell-side analysts predict that Jet2 will post 170.9134615 EPS for the current fiscal year.

About Jet2

Jet2 plc is a leading leisure travel group, specialising in friendly low fares from its award-winning airline, Jet2.com, and package holidays you can trust from the UK’s largest package holiday provider, Jet2holidays.
Jet2.com is the UK’s third largest airline, flying from 12 UK airports to over 70 destinations across Europe and beyond and Jet2holidays is the UK’s largest tour operator.