Deutsche Bank Reiterates GBX 1,100 Price Target for easyJet (LON:EZJ)

Deutsche Bank set a GBX 1,100 ($14.37) price objective on easyJet (LON:EZJ) in a report published on Friday morning, Borsen Zeitung reports. The firm currently has a neutral rating on the stock.

A number of other equities research analysts have also recently weighed in on the company. Credit Suisse Group set a $180.00 price target on Accenture and gave the stock a hold rating in a report on Friday, June 28th. Commerzbank lowered their price target on easyJet from GBX 1,250 ($16.33) to GBX 1,100 ($14.37) and set a hold rating on the stock in a report on Wednesday, May 22nd. Royal Bank of Canada restated a buy rating and issued a $2.50 price target on shares of in a report on Thursday, July 18th. Morgan Stanley set a $70.00 price target on Edison International and gave the stock a hold rating in a report on Monday, July 15th. Finally, Sanford C. Bernstein set a €7.00 ($8.14) price target on Air France KLM and gave the stock a sell rating in a report on Friday. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and six have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 1,192.95 ($15.59).

EZJ opened at GBX 1,107.50 ($14.47) on Friday. The firm has a market cap of $4.40 billion and a PE ratio of 22.65. The company has a current ratio of 0.60, a quick ratio of 0.50 and a debt-to-equity ratio of 58.86. The stock has a 50 day moving average price of GBX 956.32. easyJet has a 1-year low of GBX 840 ($10.98) and a 1-year high of GBX 1,737 ($22.70).

In related news, insider John Barton bought 11,000 shares of the stock in a transaction on Thursday, May 23rd. The shares were purchased at an average price of GBX 902 ($11.79) per share, for a total transaction of £99,220 ($129,648.50). In the last quarter, insiders have acquired 11,032 shares of company stock worth $9,952,608.

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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