easyJet (EZJ) Given a GBX 1,000 Price Target at Sanford C. Bernstein

Sanford C. Bernstein set a GBX 1,000 ($13.07) price objective on easyJet (LON:EZJ) in a research note released on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.

A number of other brokerages have also issued reports on EZJ. Liberum Capital reissued a hold rating on shares of easyJet in a report on Friday, March 22nd. Royal Bank of Canada reissued a buy rating on shares of easyJet in a report on Tuesday, February 19th. 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 Wednesday, February 13th. Berenberg Bank raised shares of easyJet to a hold rating and set a GBX 1,040 ($13.59) price target on the stock in a report on Tuesday, April 2nd. Finally, JPMorgan Chase & Co. set a GBX 1,225 ($16.01) price target on shares of easyJet and gave the stock a neutral rating in a report on Friday. One analyst has rated the stock with a sell rating, fourteen have given a hold rating and six have issued a buy rating to the company. easyJet currently has an average rating of Hold and an average target price of GBX 1,277.60 ($16.69).

easyJet stock traded up GBX 52 ($0.68) during trading hours on Friday, reaching GBX 1,025 ($13.39). The stock had a trading volume of 6,207,434 shares, compared to its average volume of 2,170,000. The firm has a market cap of $4.05 billion and a PE ratio of 11.36. easyJet has a 52 week low of GBX 997.40 ($13.03) and a 52 week high of GBX 1,808.50 ($23.63). The company has a quick ratio of 0.76, a current ratio of 0.97 and a debt-to-equity ratio of 29.98.

About easyJet

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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