Insider Buying: easyJet (LON:EZJ) Insider Purchases £153.87 in Stock

easyJet plc (LON:EZJ) insider Kenton Jarvis acquired 23 shares of easyJet stock in a transaction that occurred on Thursday, September 10th. The shares were bought at an average cost of GBX 669 per share, with a total value of £153.87.

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

• On Monday, August 10th, Kenton Jarvis purchased 22 shares of easyJet stock. The stock was bought at an average cost of GBX 670 per share, with a total value of £147.40.
• On Friday, July 10th, Kenton Jarvis acquired 22 shares of easyJet stock. The shares were purchased at an average price of GBX 674 per share, with a total value of £148.28.

easyJet Stock Down 0.2%

Shares of easyJet stock opened at GBX 667.20 on Monday. easyJet plc has a 52-week low of GBX 332.60 and a 52-week high of GBX 683.80. The company has a debt-to-equity ratio of 82.36, a quick ratio of 1.09 and a current ratio of 1.10. The company has a 50-day simple moving average of GBX 653.40 and a two-hundred day simple moving average of GBX 498.15. The stock has a market capitalization of £4.99 billion, a PE ratio of 12.33, a price-to-earnings-growth ratio of 0.59 and a beta of 1.72.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on EZJ shares. Royal Bank Of Canada raised their target price on shares of easyJet from GBX 600 to GBX 715 and gave the company a “sector perform” rating in a research report on Friday, August 21st. UBS Group reaffirmed a “buy” rating and issued a GBX 635 price target on shares of easyJet in a research report on Monday, May 18th. Deutsche Bank Aktiengesellschaft reiterated 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. lifted their price objective on shares of easyJet from GBX 360 to GBX 715 and gave the company a “neutral” rating in a report on Friday, August 7th. Four research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of GBX 646.43.

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.