easyJet (LON:EZJ) has been assigned a GBX 1,683 ($21.99) price target by equities research analysts at Credit Suisse Group in a report issued on Tuesday. The brokerage currently has a “buy” rating on the stock. Credit Suisse Group’s target price suggests a potential upside of 37.05% from the stock’s current price.
Several other analysts have also weighed in on EZJ. Sanford C. Bernstein set a GBX 1,550 ($20.25) target price on easyJet and gave the company a “neutral” rating in a report on Thursday, July 12th. UBS Group set a GBX 1,900 ($24.83) price objective on easyJet and gave the company a “neutral” rating in a research note on Thursday, July 12th. Liberum Capital reaffirmed a “hold” rating on shares of easyJet in a research note on Wednesday, July 18th. Royal Bank of Canada set a GBX 1,900 ($24.83) price objective on easyJet and gave the company a “buy” rating in a research note on Wednesday, July 18th. Finally, Kepler Capital Markets increased their price objective on easyJet from GBX 1,831 ($23.93) to GBX 1,993 ($26.04) and gave the company a “buy” rating in a research note on Thursday, July 19th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and a consensus target price of GBX 1,635.69 ($21.37).
easyJet stock opened at GBX 1,228 ($16.05) on Tuesday. easyJet has a fifty-two week low of GBX 977.38 ($12.77) and a fifty-two week high of GBX 1,698.69 ($22.20).
easyJet plc, together with its subsidiaries, operates as an airline carrier primarily in Europe. As of September 30, 2017, it operated 862 routes and a fleet of 279 aircraft. The company also engages in the trading and leasing of aircrafts; 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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