UBS Group Analysts Give easyJet (LON:EZJ) a GBX 1,080 Price Target

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UBS Group set a GBX 1,080 ($14.11) target price on easyJet (LON:EZJ) in a research report released on Thursday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

Several other analysts have also issued reports on EZJ. Morgan Stanley set a $70.00 price objective on shares of Edison International and gave the company a hold rating in a report on Monday, July 15th. Sanford C. Bernstein set a GBX 1,000 ($13.07) price objective on shares of easyJet and gave the company a neutral rating in a report on Friday, May 17th. JPMorgan Chase & Co. upgraded shares of ROYAL MAIL PLC/ADR from an underweight rating to a neutral rating in a report on Monday, June 3rd. Royal Bank of Canada restated an outperform rating on shares of in a report on Friday, June 21st. Finally, Liberum Capital boosted their price target on shares of Sigmaroc from GBX 59 ($0.77) to GBX 63 ($0.82) and gave the stock a buy rating in a research note on Thursday. Two equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 1,192.95 ($15.59).

Shares of EZJ opened at GBX 1,100 ($14.37) on Thursday. The stock has a market cap of $4.37 billion and a price-to-earnings ratio of 22.49. easyJet has a 12-month low of GBX 840 ($10.98) and a 12-month high of GBX 1,737 ($22.70). The firm has a 50-day moving average of GBX 942.44. The company has a debt-to-equity ratio of 58.86, a quick ratio of 0.50 and a current ratio of 0.60.

In other news, insider John Barton bought 11,000 shares of the business’s stock in a transaction that occurred on Thursday, May 23rd. The shares were purchased at an average cost of GBX 902 ($11.79) per share, for a total transaction of £99,220 ($129,648.50). Insiders have purchased 11,032 shares of company stock worth $9,952,608 over the last 90 days.

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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Analyst Recommendations for easyJet (LON:EZJ)

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