UBS Group set a GBX 1,080 ($14.11) price objective on easyJet (LON:EZJ) in a research report report published on Friday morning, Borsen Zeitung reports. The brokerage currently has a neutral rating on the stock.
Several other brokerages also recently weighed in on EZJ. Liberum Capital reissued a hold rating on shares of easyJet in a research note on Friday, March 22nd. Royal Bank of Canada reaffirmed a buy rating on shares of easyJet in a research note on Tuesday, February 19th. Sanford C. Bernstein set a GBX 1,100 ($14.37) price target on shares of easyJet and gave the stock a sell rating in a research note on Monday, April 1st. 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 research note on Wednesday, February 13th. Finally, 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 research note on Tuesday, April 2nd. One research analyst has rated the stock with a sell rating, fourteen have assigned a hold rating and six have assigned a buy rating to the stock. easyJet presently has a consensus rating of Hold and a consensus price target of GBX 1,277.60 ($16.69).
Shares of EZJ traded up GBX 52 ($0.68) during midday trading on Friday, hitting 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. easyJet has a 1 year low of GBX 997.40 ($13.03) and a 1 year high of GBX 1,808.50 ($23.63). The company has a market cap of $4.05 billion and a P/E ratio of 11.36. The company has a current ratio of 0.97, a quick ratio of 0.76 and a debt-to-equity ratio of 29.98.
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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