easyJet plc (OTCMKTS:ESYJY) Receives Average Rating of “Hold” from Analysts

Shares of easyJet plc (OTCMKTS:ESYJY) have received an average recommendation of “Hold” from the eight research firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company.

Several equities research analysts have recently issued reports on ESYJY shares. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of easyJet in a research report on Friday, May 22nd. Barclays restated an “overweight” rating on shares of easyJet in a research note on Monday. Deutsche Bank Aktiengesellschaft upgraded shares of easyJet from a “sell” rating to a “hold” rating in a research note on Wednesday, June 10th. Finally, Sanford C. Bernstein cut shares of easyJet from an “outperform” rating to a “market perform” rating in a research note on Monday, April 13th.

easyJet Trading Down 1.1%

Shares of OTCMKTS:ESYJY opened at $6.70 on Tuesday. easyJet has a 1 year low of $4.57 and a 1 year high of $7.58. The business has a fifty day simple moving average of $5.39 and a 200 day simple moving average of $5.94.

About easyJet

easyJet plc, trading on the OTC Markets under the symbol ESYJY, is a British low-cost airline headquartered at London Luton Airport. As one of Europe’s leading short-haul carriers, the company operates a network of scheduled services, offering point-to-point flights across more than 30 countries. easyJet’s primary focus is on delivering affordable, no-frills air travel to both leisure and business passengers, supported by ancillary offerings such as seat selection, baggage allowances, and flexible ticketing options.

Founded in 1995 by entrepreneur Stelios Haji-Ioannou, easyJet pioneered the budget airline model in Europe.