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

easyJet plc (LON:EZJ) has received an average rating of “Hold” from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and four 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 579.29.

Several research firms have recently issued reports on EZJ. UBS Group reaffirmed a “buy” rating and issued a GBX 635 target price on shares of easyJet in a report on Monday, May 18th. JPMorgan Chase & Co. lifted their target price on shares of easyJet from GBX 340 to GBX 360 and gave the stock an “underweight” rating in a research note on Friday, July 3rd. Deutsche Bank Aktiengesellschaft reiterated a “sell” rating and issued a GBX 340 price target on shares of easyJet in a research report on Tuesday, June 2nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a GBX 600 target price on shares of easyJet in a report on Monday, July 6th.

easyJet Stock Performance

Shares of EZJ opened at GBX 630 on Friday. The stock has a 50 day moving average price of GBX 546.37 and a two-hundred day moving average price of GBX 459.10. easyJet has a 52 week low of GBX 332.60 and a 52 week high of GBX 683.80. The firm has a market capitalization of £4.71 billion, a P/E ratio of 11.65, a P/E/G ratio of 0.59 and a beta of 1.70. The company has a debt-to-equity ratio of 82.36, a quick ratio of 1.09 and a current ratio of 1.10.

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

easyJet Company Profile

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.