Easyjet (LON:EZJ): Nomura Reaffirms “Buy” Rating Today, Has a Target of GBX 2100.00/Share


Easyjet (LON:EZJ) Rating Reaffirmed

In a comprehensive report issued to clients this morning, Nomura reaffirmed their “Buy” rating on Easyjet (LON:EZJ) shares. The target price per share means a possible upside of 26.28% from firm’s last stock close.

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 16.65% above today’s (GBX 1663) stock price. easyJet PLC was the topic of 78 analyst reports since July 22, 2015 according to the firm StockzIntelligence Inc. Nomura maintained shares on December 2 with “Buy” rating. Kepler Cheuvreux downgraded shares to “Reduce” rating and GBX 1450 target share price in a report from a November 20. Citigroup maintained EZJ stock in a recent report from November 27 with “Buy” rating. RBC Capital Markets maintained the rating on November 19. RBC Capital Markets has a “Underperform” rating and a GBX 1675 price target on shares. Finally, Goldman Sachs maintained the stock with “Buy” rating in a report issued on a November 23.

The stock increased 1.03% or GBX 17 on December 2, striking GBX 1663. Approximately 1.09 million shares of stock traded hands. easyJet plc (LON:EZJ) has declined 7.48% since May 5, 2015 and is downtrending. It has underperformed by 7.28% the S&P500.

Easyjet (LON:EZJ): Nomura Reaffirms

easyJet plc is a United Kingdom-based airline carrier with its operation primarily in Europe. The company has a market cap of 6.61 billion GBP. The Firm operates approximately 600 routes across 30 countries. It has 12.05 P/E ratio. The Firm has a fleet of approximately 200 Airbus aircraft.