easyJet plc (LON:EZJ) Receives Average Rating of “Hold” from Analysts

easyJet plc (LON:EZJ) has received a consensus recommendation of “Hold” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, three have issued a hold recommendation and three have issued a buy recommendation on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is GBX 646.43.

A number of analysts recently issued reports on the company. Deutsche Bank Aktiengesellschaft reaffirmed a “sell” rating and issued a GBX 340 target price on shares of easyJet in a research report on Tuesday, June 2nd. Royal Bank Of Canada upped their price objective on easyJet from GBX 600 to GBX 715 and gave the stock a “sector perform” rating in a research note on Friday, August 21st. Finally, JPMorgan Chase & Co. increased their price objective on easyJet from GBX 360 to GBX 715 and gave the company a “neutral” rating in a report on Friday, August 7th.

easyJet Stock Performance

Shares of EZJ stock opened at GBX 673.54 on Monday. 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 has a 12 month low of GBX 332.60 and a 12 month high of GBX 683.80. The company’s fifty day simple moving average is GBX 660 and its 200-day simple moving average is GBX 514.30. The firm has a market cap of £5.03 billion, a PE ratio of 12.45, a P/E/G ratio of 0.59 and a beta of 1.72.

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.