Investor Outlook: easyJet PLC (LON:EZJ) “Buy” Rating Has Been Reiterated at Citigroup Today


easyJet PLC (LON:EZJ) Rating Reaffirmed

Citigroup has decided to restate their “Buy” rating on easyJet PLC (LON:EZJ) in a note sent to clients and investors on 27 November.

From a total of 27 analysts covering easyJet PLC (LON:EZJ) stock, 18 rate it a ”Buy”, 4 a “Sell”, and 5 a ”Hold”. This means that 67% 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 1939.88 with a 19.60% above today’s (GBX 1622) stock price. easyJet PLC was the topic of 76 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Citigroup maintained shares on November 27 with “Buy” rating. RBC Capital Markets maintained shares with “Underperform” rating and GBX 1675 target share price in a report from a November 19. Goldman Sachs maintained EZJ stock in a recent report from November 23 with “Buy” rating. Raymond James maintained the rating on November 18. Raymond James has a “Outperform” rating and a GBX 1950 price target on shares. Finally, Charles Stanley upgraded the stock to “Accumulate” rating in a report issued on a November 19.

Approximately 17,702 shares of stock traded hands. easyJet plc (LON:EZJ) has declined 10.26% since April 30, 2015 and is downtrending. It has underperformed by 8.90% the S&P500.

Investor Outlook: easyJet PLC (LON:EZJ)

easyJet plc is a United Kingdom-based airline carrier with its operation primarily in Europe. The company has a market cap of 6.44 billion GBP. The Firm operates approximately 600 routes across 30 countries. It has 11.75 P/E ratio. The Firm has a fleet of approximately 200 Airbus aircraft.