easyJet (LON:EZJ) Earns Hold Rating from Liberum Capital

easyJet (LON:EZJ)‘s stock had its “hold” rating restated by stock analysts at Liberum Capital in a note issued to investors on Monday, April 1st, ThisIsMoney.Co.Uk reports. They currently have a GBX 1,100 ($14.37) price target on the stock, down from their previous price target of GBX 1,350 ($17.64). Liberum Capital’s price objective would indicate a potential downside of 6.50% from the company’s previous close.

Other analysts have also recently issued reports about the company. Berenberg Bank boosted their price objective on easyJet from GBX 1,010 ($13.20) to GBX 1,040 ($13.59) and gave the company a “sell” rating in a research report on Wednesday, January 23rd. Citigroup dropped their price target on easyJet from GBX 1,600 ($20.91) to GBX 1,500 ($19.60) and set a “buy” rating for the company in a research report on Wednesday, January 2nd. HSBC set a GBX 1,650 ($21.56) price target on easyJet and gave the stock a “buy” rating in a research report on Wednesday, January 30th. Credit Suisse Group dropped their price target on easyJet from GBX 1,683 ($21.99) to GBX 1,571 ($20.53) and set an “outperform” rating for the company in a research report on Thursday, March 28th. Finally, Deutsche Bank reiterated a “hold” rating and set a GBX 1,485 ($19.40) price target on shares of easyJet in a research report on Monday, January 28th. One equities research analyst has rated the stock with a sell rating, fifteen have issued a hold rating and seven have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of GBX 1,316.05 ($17.20).

LON:EZJ traded up GBX 25.50 ($0.33) during trading hours on Monday, reaching GBX 1,176.50 ($15.37). The company had a trading volume of 1,547,608 shares, compared to its average volume of 2,170,000. easyJet has a 1-year low of GBX 997.40 ($13.03) and a 1-year high of GBX 1,808.50 ($23.63). The company has a market capitalization of $4.65 billion and a PE ratio of 13.04. The company has a current ratio of 0.97, a quick ratio of 0.76 and a debt-to-equity ratio of 29.98.

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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Analyst Recommendations for easyJet (LON:EZJ)

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