easyJet PLC (LON:EZJ) Rating Reaffirmed
In an analyst research report disseminated on Friday, 4 December, The Buy rating of easyJet PLC (LON:EZJ) shares was maintained at Liberum Capital, who now has a GBX 2040.00 target PPS on the stock. Liberum Capital’s target PPS would possibly suggest a possible upside of 26.08% from the last stock close price of the company.
From a total of 26 analysts covering easyJet PLC (LON:EZJ) stock, 19 rate it a ”Buy”, 4 a “Sell”, and 4 a ”Hold”. This means that 70% of the ratings are positive. The highest target price is GBX 2380 while the lowest target price is GBX 1450. The mean of all analyst targets is GBX 1935.27 with a 19.51% above today’s (GBX 1623) stock price. easyJet PLC was the topic of 79 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. AlphaValue maintained shares on December 3 with “Buy” rating. Goldman Sachs maintained shares with “Buy” rating and GBX 2380 target share price in a report from a November 23. Credit Suisse maintained EZJ stock in a recent report from November 30 with “Outperform” rating. Kepler Cheuvreux downgraded the rating on November 20. Kepler Cheuvreux has a “Reduce” rating and a GBX 1450 price target on shares. Finally, Investec maintained the stock with “Buy” rating in a report issued on a November 23.
Approximately 123,016 shares of stock traded hands. easyJet plc (LON:EZJ) has declined 10.49% since May 7, 2015 and is downtrending. It has underperformed by 7.71% the S&P500.
easyJet plc is a United Kingdom-based airline carrier with its operation primarily in Europe. The company has a market cap of 6.45 billion GBP. The Firm operates approximately 600 routes across 30 countries. It has 11.76 P/E ratio. The Firm has a fleet of approximately 200 Airbus aircraft.