easyJet (LON:EZJ) Price Target Cut to GBX 1,130 by Analysts at Barclays

easyJet (LON:EZJ) had its price objective cut by Barclays from GBX 1,200 ($15.68) to GBX 1,130 ($14.77) in a research note issued to investors on Tuesday, April 2nd, ThisIsMoney.Co.Uk reports. They currently have an underweight rating on the stock.

Other equities research analysts have also recently issued research reports about the stock. Credit Suisse Group set a GBX 1,683 ($21.99) price target on shares of easyJet and gave the stock a buy rating in a report on Tuesday, January 22nd. HSBC set a GBX 1,650 ($21.56) target price on shares of easyJet and gave the company a buy rating in a report on Monday, December 10th. Royal Bank of Canada set a GBX 1,600 ($20.91) target price on shares of easyJet and gave the company a buy rating in a report on Thursday, December 6th. Finally, Citigroup lowered their target price on shares of easyJet from GBX 1,600 ($20.91) to GBX 1,500 ($19.60) and set a buy rating on the stock in a report on Wednesday, January 2nd. One analyst has rated the stock with a sell rating, fifteen have given a hold rating and seven have issued a buy rating to the stock. The stock has a consensus rating of Hold and a consensus price target of GBX 1,316.05 ($17.20).

EZJ stock traded up GBX 2 ($0.03) during mid-day trading on Tuesday, reaching GBX 1,174 ($15.34). 1,912,111 shares of the company traded hands, compared to its average volume of 2,170,000. The company has a market capitalization of $4.64 billion and a P/E ratio of 13.02. The company has a debt-to-equity ratio of 29.98, a quick ratio of 0.76 and a current ratio of 0.97. easyJet has a fifty-two week low of GBX 997.40 ($13.03) and a fifty-two week high of GBX 1,808.50 ($23.63).

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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