easyJet PLC (LON:EZJ) Rating Reaffirmed
Nomura now has a GBX 2100.00 target price on shares of easyJet PLC (LON:EZJ). The target price suggests a potential upside of 27.59% from the last price of easyJet PLC (LON:EZJ). This rating was revealed to clients and investors in a comprehensive report on Wednesday, 2 December.
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 17.86% above today’s (GBX 1645.88) stock price. easyJet PLC was the topic of 77 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on November 30 with “Outperform” rating. RBC Capital Markets maintained shares with “Underperform” rating and GBX 1675 target share price in a report from a November 19. Investec 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, Kepler Cheuvreux downgraded the stock to “Reduce” rating in a report issued on a November 20.
The stock decreased 0.01% or GBX 0.12 on December 1, striking GBX 1645.88. Approximately shares of stock traded hands. easyJet plc (LON:EZJ) has declined 7.48% since May 5, 2015 and is downtrending. It has underperformed by 5.85% 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 6.54 billion GBP. The Firm operates approximately 600 routes across 30 countries. It has 11.92 P/E ratio. The Firm has a fleet of approximately 200 Airbus aircraft.