Sanford C. Bernstein set a GBX 1,000 ($13.07) target price on easyJet (LON:EZJ) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
A number of other brokerages have also recently weighed in on EZJ. Liberum Capital reissued a hold rating on shares of easyJet in a report on Friday, March 22nd. Royal Bank of Canada reissued a buy rating on shares of easyJet in a report on Tuesday, February 19th. Credit Suisse Group set a GBX 1,683 ($21.99) price objective on easyJet and gave the company a buy rating in a report on Wednesday, February 13th. Berenberg Bank raised easyJet to a hold rating and set a GBX 1,040 ($13.59) price objective on the stock in a report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. set a GBX 1,225 ($16.01) price objective on easyJet and gave the company a neutral rating in a report on Friday. One research analyst has rated the stock with a sell rating, sixteen have issued a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of Hold and an average target price of GBX 1,267.82 ($16.57).
Shares of LON EZJ opened at GBX 990 ($12.94) on Friday. The stock has a market cap of $3.92 billion and a P/E ratio of 20.25. The company has a debt-to-equity ratio of 58.86, a quick ratio of 0.56 and a current ratio of 0.60. easyJet has a 1-year low of GBX 962.80 ($12.58) and a 1-year high of GBX 1,808.50 ($23.63).
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.
Read More: Cost of Capital
Receive News & Ratings for easyJet Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for easyJet and related companies with MarketBeat.com's FREE daily email newsletter.