easyJet plc (LON:EZJ) Receives Consensus Rating of “Hold” from Brokerages

easyJet plc (LON:EZJ) has earned a consensus recommendation of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, one has given a hold recommendation and five have assigned a buy recommendation to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is GBX 550.

Several brokerages have issued reports on EZJ. UBS Group restated a “buy” rating and set a GBX 635 price objective on shares of easyJet in a research note on Monday, May 18th. Royal Bank Of Canada restated an “outperform” rating and set a GBX 405 price objective on shares of easyJet in a research note on Monday, June 1st. Deutsche Bank Aktiengesellschaft restated a “sell” rating and set a GBX 340 price objective on shares of easyJet in a research note on Tuesday, June 2nd. Finally, JPMorgan Chase & Co. cut their price objective on easyJet from GBX 400 to GBX 350 and set an “underweight” rating on the stock in a research note on Wednesday, April 15th.

easyJet Trading Up 2.0%

Shares of LON EZJ opened at GBX 500 on Friday. The stock’s 50 day moving average price is GBX 387.99 and its two-hundred day moving average price is GBX 436.83. easyJet has a 52-week low of GBX 332.60 and a 52-week high of GBX 557.60. The stock has a market capitalization of £3.74 billion, a P/E ratio of 9.24, a PEG ratio of 0.59 and a beta of 1.73. The company has a quick ratio of 1.09, a current ratio of 1.10 and a debt-to-equity ratio of 82.36.

easyJet (LON:EZJ) last announced its quarterly earnings data on Thursday, May 21st. The company reported GBX (50.10) earnings per share (EPS) for the quarter. easyJet had a net margin of 3.93% and a return on equity of 11.57%. The firm had revenue of GBX 395 million for the quarter. On average, analysts anticipate that easyJet will post 67.3369565 earnings per share for the current fiscal year.

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.