easyJet (EZJ) Given New GBX 1,100 Price Target at Barclays

easyJet (LON:EZJ) had its price objective decreased by Barclays from GBX 1,130 ($14.77) to GBX 1,100 ($14.37) in a report published on Tuesday, Borsen Zeitung reports. Barclays currently has an underweight rating on the stock.

Other analysts have also issued research reports about the stock. UBS Group lowered their price target on shares of easyJet to GBX 1,080 ($14.11) and set a neutral rating for the company in a report on Monday, April 1st. HSBC lowered shares of easyJet to a hold rating and lowered their price target for the company from GBX 1,650 ($21.56) to GBX 1,100 ($14.37) in a report on Tuesday, April 2nd. Credit Suisse Group lowered their price target on shares of easyJet from GBX 1,571 ($20.53) to GBX 1,241 ($16.22) and set an outperform rating for the company in a report on Tuesday, April 2nd. JPMorgan Chase & Co. set a GBX 1,225 ($16.01) price target on shares of easyJet and gave the company a neutral rating in a report on Friday, May 17th. Finally, Oddo Securities lowered shares of easyJet to a neutral rating and lowered their price target for the company from GBX 1,240 ($16.20) to GBX 1,170 ($15.29) in a report on Monday. One research analyst has rated the stock with a sell rating, sixteen have given a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of Hold and a consensus target price of GBX 1,266.45 ($16.55).

Shares of easyJet stock opened at GBX 961.60 ($12.57) on Tuesday. The company has a debt-to-equity ratio of 58.86, a current ratio of 0.60 and a quick ratio of 0.56. The company has a market capitalization of $3.89 billion and a P/E ratio of 19.66. easyJet has a fifty-two week low of GBX 962.80 ($12.58) 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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