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 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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