easyJet (LON:EZJ) had its target price hoisted by JPMorgan Chase & Co. from GBX 1,060 ($13.85) to GBX 1,260 ($16.46) in a research note released on Tuesday, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.
A number of other research analysts have also recently commented on EZJ. Deutsche Bank boosted their target price on shares of easyJet from GBX 1,100 ($14.37) to GBX 1,150 ($15.03) and gave the stock a hold rating in a research report on Tuesday, October 15th. UBS Group set a GBX 1,100 ($14.37) target price on shares of easyJet and gave the company a neutral rating in a research note on Friday, November 1st. Bank of America set a GBX 1,200 ($15.68) price target on shares of easyJet and gave the company a neutral rating in a report on Tuesday, October 1st. Credit Suisse Group lifted their price target on shares of easyJet from GBX 1,206 ($15.76) to GBX 1,431 ($18.70) and gave the stock an outperform rating in a research note on Tuesday. Finally, Morgan Stanley reiterated an equal weight rating and issued a GBX 1,000 ($13.07) price objective on shares of easyJet in a report on Wednesday, October 9th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of Hold and an average target price of GBX 1,243.91 ($16.25).
LON:EZJ traded up GBX 3.50 ($0.05) during trading hours on Tuesday, hitting GBX 1,348 ($17.61). The stock had a trading volume of 1,999,467 shares, compared to its average volume of 2,170,000. The company has a market cap of $5.17 billion and a PE ratio of 27.57. The business has a 50 day simple moving average of GBX 1,232.69 and a two-hundred day simple moving average of GBX 1,044.19. easyJet has a 1-year low of GBX 840 ($10.98) and a 1-year high of GBX 1,367.50 ($17.87). The company has a current ratio of 0.60, a quick ratio of 0.50 and a debt-to-equity ratio of 58.86.
easyJet Company Profile
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.
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