easyJet plc (LON:EZJ) Receives Consensus Recommendation of “Hold” from Analysts
easyJet plc (LON:EZJ) has received a consensus recommendation of “Hold” from the twenty-one research firms that are covering the stock, Marketbeat.com reports. Four analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 1,006 ($12.38).
EZJ has been the topic of a number of analyst reports. Credit Suisse Group set a GBX 746 ($9.18) price target on easyJet and gave the stock a “buy” rating in a research note on Tuesday, June 16th. Morgan Stanley restated a “neutral” rating on shares of easyJet in a research report on Wednesday, May 27th. Goodbody lowered easyJet to a “hold” rating in a research report on Thursday, April 9th. Liberum Capital restated an “under review” rating on shares of easyJet in a research report on Thursday, June 25th. Finally, UBS Group restated a “buy” rating and set a GBX 1,240 ($15.26) price objective on shares of easyJet in a research report on Wednesday.
In other news, insider Moya Greene purchased 7,032 shares of easyJet stock in a transaction dated Friday, May 29th. The stock was acquired at an average cost of GBX 711 ($8.75) per share, for a total transaction of £49,997.52 ($61,527.84). Over the last quarter, insiders have bought 7,103 shares of company stock valued at $5,045,082.
easyJet Company Profile
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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