easyJet’s (EJTTF) Buy Rating Reiterated at Credit Suisse Group
Credit Suisse Group reiterated their buy rating on shares of easyJet (OTCMKTS:EJTTF) in a report issued on Wednesday morning, AnalystRatings.com reports. The firm currently has a $12.06 target price on the stock.
Several other equities analysts have also recently issued reports on EJTTF. HSBC restated a hold rating and issued a $10.00 price target on shares of easyJet in a research report on Monday, September 16th. Cantor Fitzgerald restated a buy rating and issued a $15.00 price target on shares of easyJet in a research report on Monday, June 24th. Societe Generale cut shares of easyJet to a sell rating in a research report on Friday, July 26th. Sanford C. Bernstein restated a hold rating and issued a $10.00 price target on shares of easyJet in a research report on Wednesday. Finally, Commerzbank restated a hold rating and issued a $1,100.00 price target on shares of easyJet in a research report on Thursday, May 23rd. Two analysts have rated the stock with a sell rating, eight have issued a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of Hold and an average price target of $194.01.
Shares of OTCMKTS EJTTF opened at $11.50 on Wednesday. easyJet has a 52-week low of $11.35 and a 52-week high of $13.65. The company has a 50 day simple moving average of $11.50. The firm has a market cap of $4.57 billion, a PE ratio of 7.28 and a beta of 0.83.
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2018, the company operated 979 routes and a fleet of 315 aircraft. It also engages in the trading and leasing of aircraft; and the provision of graphic design services. easyJet plc was founded in 1995 and is based in Luton, the United Kingdom.
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