Deutsche Bank Aktiengesellschaft Downgrades easyJet (OTCMKTS:ESYJY) to Hold

Deutsche Bank Aktiengesellschaft downgraded shares of easyJet (OTCMKTS:ESYJY) from a buy rating to a hold rating in a research note issued to investors on Wednesday, The Fly reports.

A number of other research analysts have also issued reports on ESYJY. Berenberg Bank reiterated a buy rating on shares of easyJet in a research note on Thursday, December 2nd. Kepler Capital Markets downgraded shares of easyJet from a hold rating to a reduce rating in a report on Monday, November 15th. Credit Suisse Group reissued an outperform rating on shares of easyJet in a report on Friday, November 19th. Cheuvreux downgraded shares of easyJet from a hold rating to a reduce rating in a report on Monday, November 15th. Finally, Barclays reissued an equal weight rating on shares of easyJet in a report on Wednesday, October 13th. Four equities research analysts have rated the stock with a sell rating, four have given a hold rating and eight have given a buy rating to the company. According to MarketBeat, easyJet presently has a consensus rating of Hold and an average price target of $900.00.

OTCMKTS:ESYJY opened at $8.77 on Wednesday. easyJet has a 1 year low of $6.44 and a 1 year high of $15.74. The firm’s fifty day simple moving average is $7.67 and its 200 day simple moving average is $9.66.

About easyJet

easyJet Plc engages in the provision of passenger airline and carrier services. Its principal activities include airline operations and aircraft trading and leasing. The company was founded by Stelios Haji-Ioannou in March 1995 and is headquartered in Luton, the United Kingdom.

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