easyJet (LON:EZJ) Insider Kenton Jarvis Purchases 42 Shares

easyJet plc (LON:EZJ) insider Kenton Jarvis bought 42 shares of easyJet stock in a transaction that occurred on Monday, May 11th. The shares were acquired at an average price of GBX 363 per share, with a total value of £152.46.

Kenton Jarvis also recently made the following trade(s):

• On Friday, April 10th, Kenton Jarvis bought 38 shares of easyJet stock. The shares were acquired at an average price of GBX 389 per share, with a total value of £147.82.
• On Tuesday, March 10th, Kenton Jarvis bought 37 shares of easyJet stock. The shares were acquired at an average price of GBX 406 per share, with a total value of £150.22.

easyJet Price Performance

easyJet stock traded down GBX 2.60 during midday trading on Tuesday, hitting GBX 360.60. 3,603,132 shares of the company’s stock were exchanged, compared to its average volume of 27,030,027. easyJet plc has a 52-week low of GBX 337.10 and a 52-week high of GBX 590.60. The stock has a 50-day moving average price of GBX 375.71 and a two-hundred day moving average price of GBX 448.03. The company has a debt-to-equity ratio of 83.65, a quick ratio of 1.09 and a current ratio of 1.11. The company has a market cap of £2.70 billion, a P/E ratio of 5.57, a PEG ratio of 0.59 and a beta of 1.71.

Wall Street Analyst Weigh In

A number of equities analysts have recently issued reports on the company. Citigroup cut their price objective on easyJet from GBX 500 to GBX 490 and set a “neutral” rating for the company in a report on Monday, February 2nd. Deutsche Bank Aktiengesellschaft cut their price objective on easyJet from GBX 465 to GBX 340 and set a “sell” rating for the company in a report on Thursday, March 19th. UBS Group reiterated a “buy” rating and issued a GBX 800 price objective on shares of easyJet in a report on Friday, January 16th. Royal Bank Of Canada cut their price objective on easyJet from GBX 440 to GBX 415 and set an “outperform” rating for the company in a report on Friday, April 17th. Finally, JPMorgan Chase & Co. cut their price objective on easyJet from GBX 400 to GBX 350 and set an “underweight” rating for the company in a report on Wednesday, April 15th. Five analysts have rated the stock with a Buy rating, one has given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of GBX 575.

About easyJet

We are a low-cost, European, point-to-point airline. We use our cost advantage, operational efficiency and leading positions in primary airports to deliver low fares for our customers – making great value travel accessible for everyone. We aim to provide simple, convenient travel and holidays at a competitive price with outstanding customer service. easyJet is one of the largest airlines in the world, with 347 aircraft, operating 1,099 routes across 35 countries and 160 airports.