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

easyJet plc (LON:EZJ) has earned a consensus rating of “Hold” from the eight research firms that are covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and four have given a buy recommendation to the company. The average 1 year price objective among brokers that have issued a report on the stock in the last year is GBX 579.29.

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

easyJet Stock Down 0.7%

EZJ stock opened at GBX 675.20 on Wednesday. easyJet has a twelve month low of GBX 332.60 and a twelve month high of GBX 683.80. The company has a current ratio of 1.10, a quick ratio of 1.09 and a debt-to-equity ratio of 82.36. The company has a market capitalization of £5.05 billion, a P/E ratio of 12.48, a PEG ratio of 0.59 and a beta of 1.70. The firm has a 50 day simple moving average of GBX 473.75 and a 200-day simple moving average of GBX 447.29.

easyJet (LON:EZJ) last posted its quarterly earnings results 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 company had revenue of GBX 395 million during the quarter. On average, equities research analysts predict 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.